4. f a temporary difference causes pretax book income to be higher than actual taxable income, then...

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4. f a temporary difference causes pretax book income to be higher than actual taxable income, then a deferred tax liability is created. This is because the company has now earned more revenue in its book than it has recorded on its tax returns

Posted Date: Jun 23, 2024 12:02 AM

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4. f a temporary difference causes pretax book income to be higher than actual taxable income, then...

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