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 11

Which of the following causes a permanent difference between taxable income and accounting profit?

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.
I was very pleased with your notes and question bank. I especially like the mock exams because it helped to pull everything together.
Martin Rockenfeldt

Martin Rockenfeldt

Learning Outcome Statements

identify and contrast temporary versus permanent differences in pre-tax accounting income and taxable income;

CFA® 2024 Level I Curriculum, Volume 3, Module 24.