If a Corporation's Cash Charitable Contributions Exceed the Charitable Contribution

question 45

Multiple Choice

If a corporation's cash charitable contributions exceed the charitable contribution deduction limit, what kind of book-tax difference is created?

• A)Permanent; favorable.
• B)Permanent; unfavorable.
• C)Temporary; favorable.
• D)Temporary; unfavorable.

---

Definitions:

Therapeutic Climate

The overall atmosphere or environment within therapy sessions that promotes healing, understanding, and communication.

Racial or Ethnic Group

A community of people who share a common cultural heritage, ancestry, or social distinction based on perceived physical or genetic traits.

Quick Assessments

Rapid evaluations or judgments made to gauge a situation, individual's ability, or condition, often used in emergencies or time-sensitive contexts.

Brief Interventions

Short-term techniques used in counseling or therapy designed to initiate change in a client's behavior or thinking patterns.