Answer:
The answer is D. Computation of deferred tax assets and liabilities based on temporary differences.
Explanation:
Financial income is the revenue minus total cost before deducting for tax. It is known as income before tax.
Taxable income is the amount on which tax is to be deducted from. Usually financial income will be used as the base figure for determining the tax payable.
Deferred tax liability is the tax payable i.e the amount of tax that will be carried to the next accounting year.
Deferred tax liability is the tax receivable. This arises as a result of over payment of tax in the current period which the tax authority will need to refund.
The temporary differences are the differences between the net book value (carrying amount) of a liability and an asset and its tax base(financial income) . The tax base is the financial income.
So the computation of tax asset and liability is based on temporary differences
You should do all of the above. Listen to what they are saying, Hear what they are saying, Think how it affects you, and react when they're done criticising you.
<span>The correct answer here is that the economy in which Mark, Jack and Nick are operating is a market economy. A market economy is an economy that encourages buyers and sellers to act competitively so that the best deal can be achieved for all.</span>
Answer: Core competencies.
Explanation:
The core competencies of a company are those key areas of advantage the company has over it's competitors, where the areas of advantage can't be easily imitated. The core competencies of a company Central objective is to satisfy customers needs.
Answer:
Single source procurement agreement
Explanation:
Single source purchasing often results when a buyer or distributor purchases from only one selected supplier, even though there are other suppliers that provide similar products.
In this scenario the petrol dealer was forced into the agreement likely because of costs benefits to be derived from the petroleum supplier.