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In General,net Operating Losses of a Corporation Are Carried Back

question 71

True/False

In general,net operating losses of a corporation are carried back 3 years and forward for 20 years.


Definitions:

Inner Classes

Classes defined within another class, used to logically group classes that are only used in one place.

Outer Class

A class that surrounds and contains an inner class, providing scope to the inner class but not vice versa.

Finalize

A method in Java used for cleanup just before garbage collection.

ADTs

Abstract Data Types, theoretical concepts in computer science that describe how data is stored, accessed, and manipulated.

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