Which of the Following Transactions Would Not Create a Temporary

question 69

Multiple Choice

Which of the following transactions would not create a temporary difference?

• A)The cash payment to acquire a three-year insurance policy.
• B)The accrual of warranty expense.
• C)The accrual of bad debts expense.
• D)The cash collection of interest earned on a municipal bonD.

---

Definitions:

Fundamental Rights

Basic rights and freedoms that are guaranteed to citizens, usually by the constitution or the laws of a country.

Legitimate Government End

Refers to a valid or acceptable purpose or goal that a government aims to achieve through its policies or actions.

Content Neutral

Pertains to laws or regulations that apply without regard to the content of the speech or expression, focusing instead on the time, place, and manner of the expression.

Speech Restriction

Limitations or rules imposed on freedom of expression or speech, often set by government regulations or organizational policies.