Losses from ________ exposure generally reduce taxable income in the year they are realized. ________ exposure losses are not cash losses and therefore, are not tax deductible

A) transaction; Operating
B) accounting; Operating
C) accounting; Transaction
D) transaction; Translation

Answer: D

Business

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A) help the consumer recognize a need B) build awareness and interest C) remind about a brand D) reinforce the buying decision E) stimulate action

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The cost of owning an automobile is a sunk cost

Indicate whether the statement is true or false

Business