The Following Information Was Extracted from the Financial Records of Pamakari

question 7

Multiple Choice

The following information was extracted from the financial records of Pamakari Limited: Equipment purchased on 1 July 20X2 for $100 000 (accounting depreciation 10% straight line tax depreciation 20% straight line) .If the company tax rate is 30%,the deferred tax item that will be recorded by Pamakari Limited at 30 June 20X3 is:

• A)debit Deferred tax asset $10 000
• B)credit Deferred tax asset $3 000
• C)debit Deferred tax liability $10 000
• D)credit Deferred tax liability $3 000.

Understand decision points in programming and how they influence program flow.

Grasp the basics of binary code and its role in executing instructions on the CPU.

Identify and understand the process of debugging as a method for error correction in programming.

Understand the role of a compiler in translating written instructions into binary patterns executable by the CPU.

---

Definitions:

Investor

An individual or entity that allocates capital with the expectation of receiving financial returns, often through the purchase of stocks, bonds, or other investment vehicles.

Equity Securities

Financial assets representing ownership interest in an entity, such as stocks, which provide the holder with voting rights and potential dividends.

Stock Options

Contracts that grant the holder the right, but not the obligation, to buy or sell a stock at a predetermined price within a specific time frame.