ACCT 312 DeVry Complete Quiz Package
ACCT 312 DeVry Week 1 Quiz Latest
1. Question: (TCO 1) which causes a temporary difference between taxable and pretax accounting income?
Investment expenses incurred to generate tax-exempt income
Prepaid rent, tax-deductible when paid
The dividends received deduction
Life insurance proceeds received due to the death of an executive
Question 2. Question : (TCO 1) Which difference between financial accounting and tax accounting ordinarily creates a deferred tax liability?
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ACCT 312 DeVry Complete Quiz Package
ACCT 312 DeVry Week 1 Quiz Latest
1. Question: (TCO 1) which causes a temporary difference between taxable and pretax accounting income?
Investment expenses incurred to generate tax-exempt income
Prepaid rent, tax-deductible when paid
The dividends received deduction
Life insurance proceeds received due to the death of an executive
Question 2. Question : (TCO 1) Which difference between financial accounting and tax accounting ordinarily creates a deferred tax liability?