Examlex
Validation of data is an attempt to check the accuracy of the work done by _______
Pre-Tax Book Income
Earnings of a business before taxes are deducted, as reported in its financial books.
Tax Depreciation
The allocation of an asset's cost over its useful life for the purposes of tax deductions, according to IRS rules and schedules.
Book Depreciation
The method of calculating the depreciation of an asset for record-keeping and tax purposes.
Tax Rate
The rate at which a person or company's earnings are taxed.
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