Examlex
Central tendency is a problem that occurs when a supervisor's rating of a subordinate on one trait biases the rating of that person on other traits.
Deferred Tax Expense
A financial reporting concept referring to the difference in taxes payable in the future due to temporary differences between the tax and book accounting.
Deferred Tax Liability
A tax obligation that a company owes but can delay paying to a future period, often arising from differences in accounting methods for book and tax purposes.
Internal Revenue Code
The comprehensive set of tax laws and regulations established by the United States federal government.
Financial Accounting
The field of accounting focused on the summarization, analysis, and reporting of financial transactions pertaining to a business.
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