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Question 881 - CTFA discussion

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The deduction must be based on identification of specific doubtful amounts and is limited to the maximum of doubtful debts identified in the year or a preceding year and 75 percent of the amount reported for statutory purposes.

A.
True
Answers
A.
True
B.
False
Answers
B.
False
Suggested answer: B
asked 16/09/2024
Jeremiah Gem Galeon
43 questions
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