What is the advantage of carrying a net operating loss back against prior years' income rather than forward against future years?
It results in an immediate tax refund (cash flow) which would likely be of help to a business which has just suffered a loss.
Business
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________ are intelligent techniques that parallel some aspects of the processing patterns of the biological brain
A) Neural networks B) Genetic algorithms C) CBR systems D) Fuzzy logic systems E) Intelligent agents
Business
The probability of a Type II error is denoted as _______
A) alpha B) beta C) sigma D) rho
Business