Question: Outline the process by which a consolidated group computes its Federal tax able income. Your description should match the approach taken in Exhibit 8.2.

Outline the process by which a consolidated group computes its Federal tax able income. Your description should match the approach taken in Exhibit 8.2.

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LO.6 Outline the process by which a consolidated group computes its Federal taxable income. Your description should match the approach taken in Figure 8.1.

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