In Multinomial Logistic Regression

question 12

Multiple Choice

In multinomial logistic regression:

• A)There must be more than one nominal predictor variable.
• B)All predictors must be log-transformed.
• C)The dependent variable is categorical with three or more levels.
• D)There is more than one predictor variable.

---

Definitions:

Current Taxes Payable

This refers to the amount of taxes a company is obligated to pay to the government within the current fiscal year, not yet paid.

IRS

The Internal Revenue Service, a U.S. government agency responsible for the collection of taxes and enforcement of tax laws.

Reversing Temporary Difference

An accounting adjustment that reverses differences between tax and financial reporting over time.

Originating Temporary Difference

A difference that arises in a particular period between the book income and taxable income, which is expected to reverse in the future.