Which of the Following Is Not an Example of a "Temporary

question 50

Multiple Choice

Which of the following is not an example of a "temporary difference"?

• A)Membership fees that are not deductible.
• B)Advances received on rent revenue.
• C)Percentage of completion method.
• D)Fair value decrease on biological assets.

---

Definitions:

HMO

A Health Maintenance Organization, a type of health insurance plan that restricts coverage to care from doctors who work for or contract with the HMO.

PPO

Preferred Provider Organization, a healthcare plan that offers members reduced rates if they choose healthcare providers from within a prescribed network.

Contracted Services

Professional services provided by an outside party under the terms of a contractual agreement.

IPA

An acronym that can refer to Independent Practice Associations, which are legal entities organized and owned by a network of independent physicians for the purpose of reducing overhead or contracting with health insurers.