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Assuming ABC derives the requisite fee, would this transaction result in a reportable confidential transaction? Choose the correct answer, and then select Confirm. A.

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Assuming ABC derives the requisite fee, would this transaction result in a reportable confidential transaction? Choose the correct answer, and then select Confirm. A. Yes, because the taxpayer wants the engagement to be performed under privilege. B. Yes, because this will likely be a reportable loss transaction as well. C. No, there is nothing to indicate a reportable confidential transaction. D. No, because this will likely be a reportable loss transaction.

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