- CFA Exams
- CFA Level I Exam
- Topic 4. Financial Statement Analysis
- Learning Module 12. Introduction to Financial Statement Modeling
- Subject 1. Building a Financial Statement Model
CFA Practice Question
Which type of tax rate is this? Reported tax amount on the income statement / pre-tax income.
B. Effective tax rate.
C. Cash tax rate.
A. Statutory tax rate.
B. Effective tax rate.
C. Cash tax rate.
Correct Answer: B
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