Which of the following items is not a temporary difference? A. Vacation pay accrued for tax purposes in a prior period is deduct

Question

3 years ago

13

Which of the following items is not a temporary difference? A. Vacation pay accrued for tax purposes in a prior period is deduct

ed in the current periodB. Tax depreciation for the period exceeds book depreciationC. A goodwill impairment expense is recorded on the income statement

Business

1 answer:

Black_prince [1.1K] · Answer 1 · 2021-12-28T05:54:43+03:00

Black_prince [1.1K]3 years ago

3 0

Answer: the correct answer is B. Tax depreciation for the period exceeds book depreciation.