Question: 2 7 . Multiple Choice 3 3 3 points What confidence level must management have that a tax position will be sustained on audit before

27 .

Multiple Choice

333

points

What confidence level must management have that a tax position will be sustained on audit before it can recognize any portion of the related deferred tax asset under ASC

740 ?

Substantial authority

More likely than not

Probable

Reasonable basis

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