Which of the following items is not a temporary difference?

Multiple Choice

• Bad debts charged off in the current period exceed the bad debts accrued in the current period.
• Tax depreciation for the period exceeds book depreciation.
• Vacation pay accrued for tax purposes in a prior period is deducted in the current period.
• A goodwill impairment expense is recorded on the income statement; the goodwill did not have a tax basis when it was created.