Which of the following does not properly describe the comparison of the effective income tax rate and the statutory income tax rate? Multiple Choice The reconciliation between the rates can reflect information pertaining to a firm's tax policy decisions. Permanent differences that cause book income to be higher than taxable income will cause the effective rate to be lower than the statutory rate A fim with aggressive tax policies will most likely have an effective tax rate that is much higher than the statutory rate The rates could differ due to the tax jurisdiction that a firm operates in