Identify the Following Items as Creating a Temporary Difference, Permanent

question 91

Essay

Identify the following items as creating a temporary difference, permanent difference, or no difference.
$$\begin{array} { | l | l | l | l | } \hline \text { Item } & \begin{array} { r } \text { Temporay } \\\text { Difference }\end{array} & \begin{array} { r } \text { Permanent } \\\text { Difference }\end{array} & \begin{array} { r } \text { No } \\\text { Difference }\end{array} \\\hline \text { Reserve tor bad debts } & & & \\\hline \begin{array} { l } \text { Accrued other post- } \\\text { employment benefits }\end{array} & & & \\\hline \begin{array} { l } \text { Domestic production } \\\text { activities deduction }\end{array} & & & \\\hline \begin{array} { l } \text { Non-deductible fines } \\\text { and penalties }\end{array} & & & \\\hline \begin{array} { l } \text { Interest trom municipal } \\\text { bonds }\end{array} & & & \\\hline \begin{array} { l } \text { Net operating loss } \\\text { carryouer }\end{array} & & & \\\hline \begin{array} { l } \text { Stock option expense } \\\text { under ASC } 718\end{array} & & & \\\hline \begin{array} { l } \text { Deterred } \\\text { compensation }\end{array} & & & \\\hline\end{array}$$

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Definitions:

Creating A Vision

The process of developing a clear, inspiring, and future-oriented goal or set of goals.

Motivating Change

The process of inspiring and encouraging individuals or groups to alter their behaviors, attitudes, or circumstances in a positive direction.

Political Support

The backing or endorsement by individuals or groups for political parties, policies, or leaders.

Managing The Transition

The process of moving from one state to another in business or personal contexts, with an emphasis on minimizing disruptions.