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Incorrect. Investments accounted for under the equity method are an example of temporary differences which result in taxable amounts in the future. All of the

Incorrect. Investments accounted for under the equity method are an example of temporary differences which result in
taxable amounts in the future.
All of the following are examples of temporary differences that result in taxable amounts in future years except:
long-term construction contracts (percentage-of-completion).
installment sales.
investments accounted for under the equity method.
subscriptions received in advance.
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