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2. All of the following result in a permanent difference between pretax financial income and taxable income, except a. percentage depletion in excess of cost

2. All of the following result in a permanent difference between pretax financial income and taxable income, except

a.

percentage depletion in excess of cost depletion

b.

interest on municipal bonds

c.

expenses associated with product warranties

d.

life insurance premiums paid to cover officers of the company

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