Which of the Following Does Not Result in a Permanent

question 35

Multiple Choice

Which of the following does not result in a permanent book/tax difference?

• A) Tax-exempt interest on state and local bonds
• B) NOL carryforwards
• C) Business entertainment expenses
• D) Lobbying expenses

---

Definitions:

Collective Action

Action taken together by a group of people with the aim of achieving a common objective, often in response to a social, political, or environmental issue.

Relative Deprivation Theory

A sociological theory that holds individuals who perceive themselves as having less resources than others will feel deprived and might seek to change this through action.

Social Rewards

Benefits or positive outcomes that individuals receive from their social environment or community, including acceptance, support, and recognition.

Frame Alignment Theory

A sociological theory that explores how social movement organizations align their activities and ideologies with the worldviews of potential supporters to increase participation.