Which of the Following Will Not Result in a Temporary

question 75

Multiple Choice

Which of the following will not result in a temporary difference?

• A)Product warranty liabilities
• B)Advance rental receipts
• C)Gain on involuntary conversion of non-monetary asset.
• D)All of these will result in a temporary difference.

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Definitions:

Crystal Lattice

A highly ordered structure of atoms or molecules extending in three spatial dimensions.

Denatured Alcohol

Ethanol that has additives to make it poisonous, bad-tasting, foul-smelling, or nauseating, to discourage recreational consumption.

Balanced Equation

A chemical equation in which the number of atoms for each element is the same on both the reactant and product sides, indicating matter conservation.

NaCl

Sodium chloride, commonly known as table salt, an essential compound for both dietary and industrial uses.