Which of the Following Is Not Considered a Permanent Difference

question 29

Multiple Choice

Which of the following is not considered a permanent difference?

• A) Interest received on municipal bonds.
• B) Fines resulting from violating the law.
• C) Premiums paid for life insurance on a company's CEO when the company is the beneficiary.
• D) Stock-based compensation expense.

---

Definitions:

William Levitt

An American real-estate developer credited with creating the modern American suburb through the development of mass-produced, affordable housing, notably Levittown.

Assembly-Line Methods

Industrial manufacturing processes in which a product is put together in a sequential manner by moving it from workstation to workstation, allowing for efficient mass production.

Modular Home Construction

The process of building homes in sections or modules in a factory setting, which are then transported and assembled on-site, offering a faster and sometimes more cost-effective alternative to traditional construction.

Smith v. Allwright

A landmark decision by the United States Supreme Court that declared the white primary unconstitutional, marking a significant step towards the end of formal racial discrimination in the voting process.