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Which of the following are temporary differences that are normally classified as revenues recognized for tax purposes after they are recognized in financial income? Select
Which of the following are temporary differences that are normally classified as revenues recognized for tax purposes after they are recognized in financial income? Select one: O a. Interest Income on Municipal Bonds b. Fines and expenses resulting from a violation of law O c. Advance rental receipts O d. Product warranty liabilities e. Accrued revenues Future net incomes for the Quatro Company are more likely than not. Quatro should: Select one: O a. Recognize all deferred tax assets, but not all deferred tax liabilities O b. Recognize all deferred tax liabilities, but not all deferred tax assets O c. Recognize no deferred tax items, but all permanent differences O d. Recognize all deferred tax items
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