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Which of the following is not affected by organic matter or hard water?
Current Tax Liability
The amount of income taxes a company is obligated to pay within the next year.
Accounting Standards
Authoritative standards and principles that guide financial accounting and reporting practices for businesses and organizations.
Deferred Tax Item
An accounting concept representing a future tax liability or asset, resulting from temporary differences between the carrying amount of an asset or liability in the balance sheet and its tax base.
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