3. [Permanent versus temporary differences, CFA adapted[ a. Define permanent differences and describe two events or transactions

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3. [Permanent versus temporary differences, CFA adapted[

a. Define permanent differences and describe two events or transactions that generate such differences.

b. Describe the impact of permanent differences on a firm's ef- fective tax rate.

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The Analysis And Use Of Financial Statements

ISBN: 9780471375944

3rd Edition

Authors: Gerald I. White, Ashwinpaul C. Sondhi, Haim D. Fried

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