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Which of the following causes a temporary difference between taxable and pretax accounting income? Multiple Choice Investment expenses incurred to generate tax-exempt income. MACRS used

Which of the following causes a temporary difference between taxable and pretax accounting income?

Multiple Choice

  • Investment expenses incurred to generate tax-exempt income.

  • MACRS used for depreciating equipment.

  • The dividends received deduction.

  • Life insurance proceeds received due to the death of an executive.

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