Question: 25 Question 25 Operating losses may be: O deducted from the current year's earnings. O carried back 3 years or carried forward up to 5

Question 25 Operating losses may be: O deducted from the current year's earnings. O carried back 3 years or carried forward up to 5 years. O allocated only over the next 3 years. O carried back 5 years or carried forward up to 15 years. O carried forward indefinitely

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