Examlex
________ is an agile method for software development that relies on tightly knit, cohesive teams that do sprints of 2 to 4 weeks each.
Temporary Difference
A difference between the book value and tax value of an asset or liability that results in taxable or deductible amounts in future years.
Tax Provision
An amount recorded in advance for expected future tax payments due to governmental regulations and business operations.
Interperiod Tax Allocation
The practice of distributing income tax expenses over different accounting periods to match taxes with the revenues they are associated with.
Book Income
The income reported by a company in its financial statements, differing from taxable income due to various adjustments.
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