Question: ASC requires a two - step process to evaluate tax positions. Select the first of those two steps. Determine if it is more likely than

ASC requires a two-step process to evaluate tax positions. Select the first of those two steps.
Determine if it is more likely than not as to whether the position will be sustained
O Consider the likelihood that the tax position will be detected by an IRS audit
O Measure the amount of the tax position expected to be able to recognize

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