Is it advantage or disadvantage? for all questions

a. Use of operating and capital loss carryovers of one group member to shelter the corresponding income of other group members. b. Elimination of taxes on intercompany dividends. c. Binding nature of the election on the group members for all subsequent tax years, unless the makeup of the afpliated group changes or the IRS consents to revocation of the election. d. Applicabion of the capital and operating losses of one group member against the corresponding income of the other group members, even when assigning the losses to separate return years would produce a greater tax benefir. e. Deferred recognition of income from certain intercompany transactions. f. Decreased amounts of certain deductions and credits when consolidated amounts are used in computing pertinent limitations, 9. Increased administrative costs in operating a large entity and from compliance with the consolidated return regulations. h. Dptimization of certain deductions and credits through the use of consolidated amounts in computing pertinent limitations. 1. Use of current-yearioperating losses of one group member to defer or reduce the estimated tax payments of the entire group. 1. Deferred recognition of losses from certain intercompany transactions. k. Increased tax basis of investments in the stock of subsidiaries because of positive subsidiary taxable Inconse, perhaps reducing future investor aains. 1. Creation of short taxable years of subsidiaries, thereby bunching together income, and one of the years of the subsidiary's charitable contribution and loss carrytorward period may be lost. m. Recognition of legal and other rights of minority shareholders in the context of a consolidated group