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Which statement is false? FASB's crypto position after 2 0 2 4 , is to value virtual assets at fair value. Any excess capital losses

Which statement is false?

FASB's crypto position after

2024,

is to value virtual assets at fair value.

Any excess capital losses of a corporation can be carried forward to future years for tax purposes.

After

2023,

FASB required crypto assets to be impaired.

Topic

820

of FASB covers crypto assets.

All of the above are true.

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