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Which of the following differences between financial accounting and tax accounting ordinarily creates a deferred tax asset? Multiple Choice Tax depreciation in excess of book
Which of the following differences between financial accounting and tax accounting ordinarily creates a deferred tax asset? Multiple Choice Tax depreciation in excess of book depreciation. None of these answer choices are correct. Revenue collected in advance. The installment sales method for tax purposes. 
Which of the following differences between financial accounting and tax accounting ordinarily creates a deferred tax asset?
Multiple Choice
Tax depreciation in excess of book depreciation.
None of these answer choices are correct.
Revenue collected in advance.
The installment sales method for tax purposes.
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Governmental and Nonprofit Accounting Theory and Practice
Authors: Robert J. Freeman, Craig D. Shoulders, Dwayne N. McSwain, Robert B. Scott
11th edition
133799565, 978-0133799569
