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Sam receives an e-mail invitation to interview for a job at an engineering firm. When she arrives, she is struck by the very male-dominated culture. Sam begins to wonder whether it was originally assumed that she was a male candidate. Prior to taking a Wechsler intelligence test that they administer to all job candidates, Sam overhears someone whisper, "No woman has ever scored high on this test here before." Although Sam is highly intelligent and wanted the job, what is the MOST likely explanation for her poor test performance that day?
Book Income
Book income refers to the amount of income reported by a company in its financial statements according to accounting principles, before any adjustments for tax purposes.
Deferred Tax Liabilities
Future tax payments a company is obligated to pay the government, arising due to temporary differences between its taxable income and its accounting earnings.
Deferred Tax Assets
Future tax benefits obtained due to deductible temporary differences and carryforwards, recognized in financial accounting.
Book Income Tax Expense
The income tax expense reported in the financial statements, calculated based on the accounting income before taxes.
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