Which Statement Is Correct

question 82

Multiple Choice

Which statement is correct?

• A)A deductible temporary difference results in future taxable income being higher than accounting income.
• B)A deductible temporary difference results in future taxable income being less than accounting income.
• C)A deductible temporary difference refers to the amount of income tax payable in the current
• D)A deductible temporary difference results from an event affecting accounting and taxable income in the same periods.

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Definitions:

Nodes of Ranvier

Gaps in the myelin sheath of nerve fibers, which facilitate the rapid conduction of nerve impulses along the neuron.

Myelin Sheath

The myelin sheath is a protective covering made of fatty substances that surrounds the axons of many neurons, facilitating the rapid transmission of neural impulses.

Synapses

The junctions between neurons through which they communicate with each other using chemical or electrical signals.

Sympathetic Nervous

Part of the autonomic nervous system that prepares the body for action and stress by accelerating the heart rate, widening the airways, and other responses.