Question
A research expense of 700 is recognized as expense in the statement of profit or loss in the period but not allowed as a deduction
A research expense of 700 is recognized as expense in the statement of profit or loss in the period but not allowed as a deduction for tax purposes until a future period. The income tax rate is 40%. What is the tax base?
700
420
280
0
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Cost Accounting A Managerial Emphasis
Authors: Charles T. Horngren, Srikant M.Dater, George Foster, Madhav
13th Edition
8120335643, 136126634, 978-0136126638
