A Company Records an Unrealized Loss on Short-Term Securities

question 124

Short Answer

A company records an unrealized loss on short-term securities. This would result in what type of difference and in what type of deferred income tax?

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Definitions:

Variable-Ratio

A schedule of reinforcement where a response is rewarded after an unpredictable number of responses, commonly used in behavior modification and training.

Fixed-Ratio

A schedule of reinforcement where a response is reinforced only after a specified number of responses.

Internal Locus of Control

The belief that individuals control their own destiny and outcomes are the result of their own actions.

External Locus of Control

A belief system that suggests one's successes or failures result from external factors beyond personal control.