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In the ________ approach, the scores required to win the state awards are lower than those for the national awards.
Tax Depreciation
The depreciation expense allowed by tax authorities for tax calculation purposes, reflecting the reduction in value of assets over time.
Book Depreciation
The amount of depreciation expense that has been allocated for a fixed asset in a company's financial records.
Tax Rate
The percentage at which an individual or corporation is taxed by the government.
Income Tax Expense
The total amount of income tax a company is required to pay to tax authorities, as calculated based on taxable income.
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