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Some items are treated as a deduction for tax purposes when they are paid but are recognised as expenses when they are accrued for accounting
Some items are treated as a deduction for tax purposes when they are paid but are recognised as expenses when they are accrued for accounting purposes. Which of the following items are of that type? Question 24Answer a. Warranty costs b. Goodwill impairment c. Fines d. Entertainment expenses e. Prepaid insurance
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