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Which difference between finacnial accounting and tax accounting ordinarily creates a deferred tax liablity? a interest income on municipal bonds b proceeds from life insurance
Which difference between finacnial accounting and tax accounting ordinarily creates a deferred tax liablity?
a interest income on municipal bonds
b proceeds from life insurance recived due to the death of an excutive
c accelerated depreciation on the tax return in excessive of straight line depreciation in income tax
d none
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