Which statement is CORRECT regarding accounting for income taxes in a financial statement? Group of answer choices:

a - Accounting for income taxes does not incorporate the deferred tax model.

b - Accounting for income taxes must reflect the differences between the financial statement and tax return reporting.

c - Items of income and expense are treated the same for book and tax purposes as reflected in the financial statement.

d - The income tax provision includes only the taxes paid for that reporting period.