Question
1. Differences between pretax financial income and taxable income in an accounting period that will not reverse in a later accounting period are called a.
1. Differences between pretax financial income and taxable income in an accounting period that will not reverse in a later accounting period are called
| a. | temporary differences |
| b. | permanent differences |
| c. | deductible temporary differences |
| d. | deferred tax consequences |
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Managerial Accounting
Authors: Paul E. Dascher, Jerry R. Strawser, Robert H. Strawser, Ronald M. Copeland
8th Edition
0873937643, 978-0873937641
