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Question A According to the Supreme Court, would it be good tax policy to use income tax as computed by financial accounting principles as the

Question A

  • According to the Supreme Court, would it be good tax policy to use income tax as computed by financial accounting principles as the correct measure of income for Federal income tax purposes? Explain.

Question B

  • Whatisthedifferencebetweenacafeteriaplanandanemployeeflexiblespendingplan?

In a minimum of 160 words, respond to both questions.

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