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A result of intraperiod allocation is that: A) Large fluctuations in a company's tax liability are eliminated. B Current year income tax expense is allocated
A result of intraperiod allocation is that: A) Large fluctuations in a company's tax liability are eliminated. B Current year income tax expense is allocated among the income statement items that caused the expense . C) Higher taxes occur in the future. D) Income tax expense in the income statement equals taxes actually paid
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