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Which of the following is an inconsistency of tax accounting with the rest of the accounting standards? Select one: a. Ignore present value when calculating
Which of the following is an inconsistency of tax accounting with the rest of the accounting standards? Select one:
a. Ignore present value when calculating permanent differences.
b. It ignores the present value when the deferred asset and liability accounts (DTA and DTL) are computed.
c. Ignore present value when calculating permanent differences.
d. Ignore present value when calculating permanent and temporary differences.
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