Question: #$11$If a consolidated group does not elect a tax allocation method in its first tax return under Section $1552,$ what is the default method? Group of answer choicesNone of the above $$ an election is not necessaryPercentage methodContribution of consolidated income methodSeparate return tax liability methodWait and see method#$12$ P has the following items during

#$11$

If a consolidated group does not elect a tax allocation method in its first tax return under Section $1552,$ what is the default method?