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In the Five-Factor theory,behavior,in part,is predicted by three core components.Which of the following is NOT a core component?
Deferred Tax Liability
A tax obligation that arises from temporary differences between the book value and tax value of assets and liabilities, payable in future periods.
Accumulated Depreciation
The total amount of depreciation expense that has been recorded against an asset since it was acquired, reflecting its usage and wear and tear over time.
Tax Purposes
Considerations or actions undertaken in accounting or financial planning to minimize tax liabilities and comply with tax laws.
Accrual Accounting
An accounting method that records revenues and expenses when they are incurred, regardless of when cash is exchanged.
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