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46) Which of the following statements is true? A) A consolidated group determines its general business credit on a consolidated basis. B) The general business

46) Which of the following statements is true?

A) A consolidated group determines its general business credit on a consolidated basis.

B) The general business credit can be carried back 3 years and forward 15 years.

C) The general business credit can be carried forward indefinitely.

D) The general business credit cannot be carried forward or backward.

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