Answer: Expenses or losses that are tax deductible before they are recognized in financial income.
Explanation:
Future taxable amounts arise as a result of a difference between the way an asset or liability is recorded due to the company's financial accounting principles and the way it should be recorded due to taxation principles of the government.
When this happens you will find that some things are not taxed as they should be, but rather as the company records them to be. These differences are only temporary though and correct themselves as time goes on.
An example of such are expenses of losses. Some expenses for instance may be taxable immediately but are instead only taxed in the business over the term of the expense.
<span>The economic cost to society of speeding-related crashes is estimated by the nhtsa to be $40.4 billion per year. Day by day these motor vehicle crashes are increasing. To reduce this care should be taken and everyone should follow the traffic signals properly.</span>
All <u>national banks</u> become part of the federal reserve system.
<h3>What is federal reserve system?</h3>
Federal reserve system is a financial institution that is in charge of regulating and controlling money in circulation so as create a stable economy that will help to prevent of financial crisis.
National banks are also known as commercial bank and this commercial banks are under central bank supervision.
Therefore all <u>national banks</u> become part of the federal reserve system
Learn more about Federal reserve system here:brainly.com/question/1997750
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I believe the answer is A becuase working at a lemonade stand helps you kinda run a business if you think about it