Which of the Following Temporary Differences Creates a Deferred Tax

question 67

Multiple Choice

Which of the following temporary differences creates a deferred tax asset in the year in which it originates?

• A)Accelerated tax depreciation in excess of straight-line book depreciation.
• B)Prepayment income reported as income on the tax return prior to being reported as income on the financial income statement.
• C)Gain reported on the income statement prior to being reported on the tax return.
• D)Prepayment deduction reported on the tax return prior to being reported on the income statement.

Understand the functions and limitations of family leadership teams in schools.

Define the role and importance of cultural brokers in educational environments.

Describe methods through which schools can foster social networks among families.

Examine the role of parent organizations and paraprofessionals in supporting educational communities.

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Definitions:

Hirsutism

A condition characterized by excessive hair growth on the body or face, particularly in women, often due to hormonal imbalance.

Extremities

The outermost parts of the human body, including the hands, feet, arms, and legs.

Abnormal Condition

A state in which health differs from a prescribed norm, often indicating the presence of disease or disorder.

Pancreas

An organ in the digestive system that produces enzymes and hormones, including insulin, to aid in digestion and regulate blood sugar.