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An NOL cannot be created by: a . Losses from the use of personal property such as personal cars and furniture. b . Losses from
An NOL cannot be created by:
a Losses from the use of personal property such as personal cars and furniture.
b Losses from the operation of a business.
c Casualty losses.
d Theft losses.
e Losses from the operation of a trade.
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Management Accounting Information for Decision-Making and Strategy Execution
Authors: Anthony A. Atkinson, Robert S. Kaplan, Ella Mae Matsumura, S. Mark Young
6th Edition
137024975, 978-0137024971
