Examlex
Which of the following is a goal oriented focus of strategic planning?
Current Tax Expense
The amount of income taxes a company is expected to pay in the current year, reflecting its taxable earnings.
Pre-Tax Book Income
The income of a company before taxes are applied, calculated according to accounting standards.
Tax Depreciation
A tax deduction that allows a company to recover the cost of property or assets it has purchased by reducing taxable income.
Book Depreciation
Book depreciation is the portion of the cost of a fixed asset that is written off annually on the financial statements of a company over the useful life of that asset, according to accounting standards.
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