Why should I choose AnalystNotes?
Simply put: AnalystNotes offers the best value and the best product available to help you pass your exams.
Basic Question 2 of 13
Which of the following causes a permanent difference between taxable income and accounting profit?
B. MACRS depreciation used for plant assets
C. Interest income on municipal securities
A. Advance collection of revenues
B. MACRS depreciation used for plant assets
C. Interest income on municipal securities
User Contributed Comments 0
You need to log in first to add your comment.
Thanks again for your wonderful site ... it definitely made the difference.
Craig Baugh
Learning Outcome Statements
explain how deferred tax liabilities and assets are created and the factors that determine how a company's deferred tax liabilities and assets should be treated for the purposes of financial analysis
CFA® 2024 Level I Curriculum, Volume 3, Module 9.