Letters of Recommendation and References May Have Limited Value Because

question 7

Multiple Choice

Letters of recommendation and references may have limited value because

• A) they are almost always slanted in a positive direction.
• B) for legal reasons, many companies are refusing to provide them.
• C) candidates may select which references are to be contacted.
• D) All of the above

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Definitions:

Deferred Tax Liability

An accounting term representing a tax obligation that a company owes but is allowed to pay at a future date.

Pretax Accounting Income

Income earned by a business before taxation has been deducted, as recorded in its financial accounts.

Deferred Tax Liabilities

Future tax payments due to temporary differences between financial accounting and tax accounting practices.