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Interperiod Tax Allocation
The process of allocating income taxes over different accounting periods due to temporary differences between financial accounting and tax reporting.
Intraperiod Tax Allocation
The process of allocating income taxes between different parts of the financial statements within the same fiscal period.
FASB Statement No.109
A standard issued by the Financial Accounting Standards Board relating to income tax accounting.
Installment Method
A revenue recognition method that allows income to be realized at the point of sale and subsequently as payments are received.
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