Question: What are the two steps used for reporting uncertain tax positions? Multiple select question. The tax benefit is measured as the largest amount of benefit

What are the two steps used for reporting uncertain tax positions?
Multiple select question.
The tax benefit is measured as the largest amount of benefit that is greater than 50% likely to be realized.
The position is supported by the Treasury Regulations.
The tax benefit is measured as the present value of the smallest amount that is expected be realized.
It is more likely than not that the position will be sustained.

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