Why is it common for companies to label income tax expense as a provision for income taxes?

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Intermediate Accounting Volume 2

ISBN: 9780071091312

5th Edition

Authors: Thomas H. Beechy

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Question Posted: May 10, 2024 07:01 AM

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Why is it common for companies to label income tax expense as a provision for income taxes?

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Intermediate Accounting Volume 2

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