Explain a permanent book tax differencewhich of the, Ask an Expert

Management Studies

Explain a permanent book / tax difference

Which of the following statements describes a permanent book/tax difference?

A. An expense that is reported on this year's income statement but is deducted on next year's tax return

B. A revenue item that is included in current year taxable income but is not reported on the income statement until next year

C. An expense that is never deductible

D. A revenue item that is reported on this year's income statement but will not be included in taxable income until an indefinite future year.

View complete question

Business Management, Management Studies

Category:- Business Management
Reference No.:- M9732264

Have any Question?Write your Review or question?

Related Questions in Business Management

Sam works for a large international manufacturing company

Sam works for a large international manufacturing company. Managers at the company often assign team projects. Sam likes the group projects because he knows he will be team up with employees who will work hard on the pro ...

The number of times that a person contracts a cold in a

The number of times that a person contracts a cold in a given year is a Poisson random variable with parameter λ=6. However a new drug has just been marketed that reduces the Poisson parameter to λ=3 for 35 % the populat ...

What are the differences between the federal aviation

What are the differences between the Federal Aviation Administration and the Civil Aviation Authority

In this part of the assignment you may assume that you have

In this part of the assignment, you may assume that you have obtained all the approvals necessary to begin the search process. Using any secondary sources you believe appropriate, define the accountant's position; then w ...

Suppose a finite deck of numeric cards 1 2 3 have been

Suppose a finite deck of numeric cards 1, 2, 3, ... have been shuffled randomly. Repeat the following step: If the top card is numbered 1, the game terminates. But if it is any number n > 1, then reverse the ordering of ...

Last week you explored various recruitment methods be

Last week you explored various recruitment methods. be considering three candidates for the position of administrative assistant at your company. Prior to beginning work on this discussion, review the article What Are th ...

What is marketing discipline what is most peoples

What is marketing discipline? What is most people's perception of marketing discipline? Name an organization that has done a great job marketing. What did they do to make you feel this way?

In terms of secondary data analysis what is behavioral

In terms of secondary data analysis, what is "behavioral targeting," and why has it become so important to marketers today? Why is it controversial?

Case study questionsgojo industriesinstructions create

Case Study Questions GOJO Industries Instructions: Create bullet point answers for each question, for use in small group discussions next week. Also refer to the Porter and Kramer HBR article on Shared Value to help info ...

Identify at least two 2 factors that have led to the

Identify at least two (2) factors that have led to the explosive growth of digital crime over the past a few decades. Next, describe the most common forms of digital crime, and give your opinion as to why those forms you ...

4,153,160 Questions Asked
13,132 Experts
2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Recent Questions

Ask Business Management Expert