Question: Recognizing a valuation allowance for a deferred tax asset requires that a congany take an apgessive approach in its tax plarning. consider all ponitive and

Recognizing a valuation allowance for a deferred tax asset requires that a congany
take an apgessive approach in its tax plarning.
consider all ponitive and negeative information inde lermining the noed for a valuation ancounceres
pass a recognition theshold, after assuming that it will be audited by taving authorities.
consider only the positive information in determining the need for a valuation allowance.
Recognizing a valuation allowance for a deferred

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