What Is One Reason to Use the Taxes Payable Method

question 5

Multiple Choice

What is one reason to use the taxes payable method?

• A)It is a complicated method,but results in the least tax expense.
• B)A company only pays tax once a year under this method.
• C)It results in the best matching for the balance sheet.
• D)It is the least costly method for tax accounting.

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Definitions:

Colonnade

A series or row of columns, usually spanned by lintels.

Persepolis

An ancient city in Persia, renowned for its monumental architecture and cultural significance, serving as a ceremonial capital of the Achaemenid Empire.

Protome Capitals

Capitals featuring the head of a human or animal projecting from the sides, common in ancient architecture, particularly Etruscan and Greek.

Persepolis

An ancient city in Persia, now Iran, known for its architectural grandeur and ornate reliefs, serving as a ceremonial capital of the Achaemenid Empire in the 6th century BCE.