What Is One Reason to Use the Taxes Payable Method

question 5

Multiple Choice

What is one reason to use the taxes payable method?

• A)It is a complicated method,but results in the least tax expense.
• B)A company only pays tax once a year under this method.
• C)It results in the best matching for the balance sheet.
• D)It is the least costly method for tax accounting.

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