To Mitigate the Effect of the Annual Accounting Period Concept,the

question 115

True/False

To mitigate the effect of the annual accounting period concept,the tax law permits the carryback and carryforward to other years of the net operating loss of a particular year.

---

Definitions:

Flow

A completely involved, focused state, with diminished awareness of self and time; results from full engagement of our skills.

Assessment Tools

Instruments or techniques used to evaluate the abilities, skills, or performance of individuals.

Personnel Psychology

An I/O psychology subfield that helps with job seeking, and with employee recruitment, selection, placement, training, appraisal, and development.

Placing Employees

The process of assigning or reassigning employees to positions where they can be most effective and where their skills are best utilized.