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Which of the following statements about the entity variable is false? Multiple Choice The entity...

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Accounting

Which of the following statements about the entity variable is false?
Multiple Choice
The entity variable becomes more important when Congress increases the progressivity of the income tax.
Tax planning strategies based on the entity variable must involve at least two different taxpayers.
Tax planning strategies based on the entity variable must involve some type of income taxed at a preferential rate.
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