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Which of the following statements about uncertain tax positions (UTP) is correct? a

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Which of the following statements about uncertain tax positions (UTP) is correct?

a.  UTP applies only to tax positions accounted for under ASC 740 taken on a filed tax return.

b.  UTP applies to all tax positions accounted for under ASC 740, regardless of whether the item is taken on a filed tax return.

c. UTP deals with both the recognition and realization of deferred tax assets.