Which of the Following Does Not Result in a Permanent

question 45

Multiple Choice

Which of the following does not result in a permanent book/tax difference?

• A)Business meal and entertainment expense
• B)Domestic production activities deduction
• C)Premiums paid on key-person life insurance policies
• D)All of the above result in a permanent book/tax difference.

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Definitions:

Mucosa

The moist, inner lining of some organs and body cavities, such as the nose, mouth, lungs, and stomach.

Villi

Small fingerlike projections that extend into the lumen of the small intestine, increasing its surface area for absorption.

Medial Margin

The edge or boundary closest to the midline of the body or a body part.

Stomach

A muscular organ in the digestive system that processes food by mixing it with digestive juices and enzymes.