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Basic Question 0 of 6
Which of the following is the income that is used to compute the amount of taxes to be paid in a period?
B. Taxable income
C. Either one can be used.
A. Pretax accounting income
B. Taxable income
C. Either one can be used.
User Contributed Comments 5
| User | Comment |
|---|---|
| Yurik74 | The only question I got answered right : ))) |
| DannyZhou | Me too! |
| dipu617 | Me too!!!! ;-) |
| gulfa99 | mmm...i am not good at this...i dont pay taxes |
| Diruuk | Me Too!!!! |
I am using your study notes and I know of at least 5 other friends of mine who used it and passed the exam last Dec. Keep up your great work!
Barnes
Learning Outcome Statements
contrast accounting profit, taxable income, taxes payable, and income tax expense and temporary versus permanent differences between accounting profit and taxable income
CFA® 2025 Level I Curriculum, Volume 3, Module 9.