Which of the Following Is Not Generally a Disadvantage of Filing

question 88

Multiple Choice

Which of the following is not generally a disadvantage of filing Federal corporate income tax returns on a consolidated basis?

• A)Compliance costs usually are higher when a consolidation election is in effect.
• B)Realized losses from transactions between affiliates are not recognized immediately.
• C)Capital gains from one affiliate can be offset by the capital losses from another.This can reduce the tax liabilities of the group as a whole.
• D)The election generally is binding for future tax years.

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Definitions:

Labour Rate

The amount of payment given to workers for their services, typically expressed per hour or unit of work done.

Learning Curve

A graphical representation showing how an increase in learning improves performance over time, typically resulting in reduced costs, improved efficiency, or both.

Learning Rate

A measure of how quickly a person or an organization improves performance or reduces errors with experience over time.

Labour Hours

The total number of hours worked by employees, often used as a measure of labor cost or productivity in various contexts.