Examlex
What is the name of the following compound?
Warranty Costs
Expenses incurred by a company for repairing, replacing, or refunding products that have failed within the warranty period.
Income Tax Rate
The income tax rate is the percentage at which an individual or corporation is taxed on their income, varying by jurisdiction and income level.
Deferred Tax Assets
Assets on a company's balance sheet that may be used to reduce future tax liability.
Deferred Tax Liabilities
Future tax obligations due to temporary differences between the tax basis of an asset or liability and its reported amount in the financial statements.
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