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Which of the following statements is true? Businesses usually like higher income for financial purposes and lower income for tax purposes Businesses prefer the lowest
Which of the following statements is true?
Businesses usually like higher income for financial purposes and lower income for tax purposes
Businesses prefer the lowest amount of expenses as deductions for tax purposes
Businesses prefer the lowest amount of income for financial reporting purposes
Businesses usually like lower income for financial purposes and higher income for tax purposes
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