Business, 21.10.2020 18:01 izzyisnotfizzy
Listed below are 10 terms followed by a list of phrases that describe or characterize each of the terms. Match each phrase with the most correct term. - Produces future taxable amounts or future deductible amounts. - Will generate a refund of taxes paid in prior years. - Is the process of allocating income taxes among two or more reporting periods. - Is reduced by a valuation allowance if realization of future tax benefit is not more likely than not. - Arises when future taxable amounts are created by temporary differences. - Will always create a deferred tax asset. - Is a process of allocating income tax expense among income from continuing operations. - A "plug" for the net effect of the current tax liability and changes in deferred tax assets and liabilities. - Is the basis for computing the tax liability for taxes currently payable. - No tax consequences. A. Taxable income B. Deferred tax asset C. Deferred tax liability D. Operating loss carryforward E. Income tax expense F. Temporary difference G. Operating loss carryback H. Permanent difference I. Intraperiod tax allocation J. Interperiod tax allocation
Answers: 2
Business, 22.06.2019 10:30
Factors like the unemployment rate, the stock market, global trade, economic policy, and the economic situation of other countries have no influence on the financial status of individuals. ( t or f)
Answers: 1
Business, 22.06.2019 11:10
Yowell company granted a sales discount of $360 to a customer when it collected the amount due on account. yowell uses the perpetual inventory system. which of the following answers reflects the effects on the financial statements of only the discount? assets = liab. + equity rev. − exp. = net inc. cash flow a. (360 ) = na + (360 ) (360 ) − na = (360 ) (360 ) oa b. na = (360 ) + 360 360 − na = 360 na c. (360 ) = na + (360 ) (360 ) − na = (360 ) na d. na = (360 ) + 360 360 − na = 360 na
Answers: 1
Business, 22.06.2019 12:40
Kumar consulting operates several stock investment portfolios that are used by firms for investment of pension plan assets. last year, one portfolio had a realized return of 12.6 percent and a beta coefficient of 1.15. the average t-bond rate was 7 percent and the realized rate of return on the s& p 500 was 12 percent. what was the portfolio's alpha?
Answers: 1
Business, 22.06.2019 16:30
:; )write a paragraph of two to three sentences and describe what will happen to a society that does not have a productive workforce?
Answers: 3
Listed below are 10 terms followed by a list of phrases that describe or characterize each of the te...
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