Question: 18.) Setting up a cookie jar reserve is perfectly acceptable and can be reversed when additional income is needed. True False 19.) The intra-period tax

 18.) Setting up a "cookie jar" reserve is perfectly acceptable andcan be reversed when additional income is needed. True False 19.) Theintra-period tax allocation associated with a gain from discontinued operations will result

18.) Setting up a "cookie jar" reserve is perfectly acceptable and can be reversed when additional income is needed. True False 19.) The intra-period tax allocation associated with a gain from discontinued operations will result in a tax expense which reduces net income. O True O False 21.) In order to classify an item as discontinued operations the company need only consider if they might put the business unit up for sale. True False

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