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OLEGan [10]
3 years ago
15

Recognizing deferred tax assets and liabilities is referred to as ______ tax allocation. Multiple choice question. intraperiod d

eferred interperiod
Business
1 answer:
olga55 [171]3 years ago
4 0

Answer:

interperiod

Explanation:

An interperiod tax allocation can be regarded as the temporary difference that exist between effects that a particular tax policy has on the financial reporting of particular business as well as its normal financial reporting set up

by an accounting framework, this accounting framework could be GAAP , IFRS or other body. Instance of this is that Internal Revenue Service could set up a particular depreciation period that should be used for a fixed asset, at the same time internal accounting policies of a business could come up that different number of periods should be used, At this periods of temporary difference is said to be an interperiod tax allocation.

A deferred tax asset can be regarded as item on the balance sheet which is there a results of overpayment or advance payment of taxes. A deferred tax asset could be also be one as a result of differences in tax rules as well as accounting rules

It should be noted that Recognizing deferred tax assets and liabilities is referred to as interperiod tax allocation.

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Answer:In iOS, typically, apps store their data in a folder named Documents , that is saved in a location next to where the app itself is installed (†). It is important to note that you do not need a jailbroken phone to access this folder.

Explanation:

6 0
2 years ago
PLEASE HELP ASAP
34kurt

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3 years ago
LO 7.1Which of the following is true in a bottom-up budgeting approach?
Sedbober [7]

Answer:

The correct answer is letter "D": Departments determine their needs and relate them to the overall goals.

Explanation:

The bottom-up budgeting approach consists in giving each department within a firm the power of setting and controlling their budget according to the projects the department intends to develop that matches with the ultimate goal of the organization as a whole. It might be beneficial because each department is likely to come up with a budget that adjusts better to their needs but it could represent a headache for the company when it comes to racking each expense for each area.

6 0
3 years ago
Max is the marketing manager at the university bookstore. He is developing his marketing plans for the next school year. The boo
Mariulka [41]

<u>Solution and Explanation:</u>

  • the total sales of calendars is as follows:

7200 multiply with $5 each = $36000

  • In order to find out the profit, the toal of sales is to be subtarcted with costs. The given sales is $36000, costs is $19183

Thus, the total profit = $16817

95% of 10080 canot be taken in order to find out the correct number. 5% enrollment growth, is as follows:

10080 = 1.05 multiply "x"

thus, calculating x = 9600

  • The number of studnets are 9600 in the last semester out of which 7200 bought calendar.    7200 divide 9600 = 75.0 percent sales penetration.
8 0
3 years ago
Lahdekorpi OY, a Finnish corporation, owns 100 percent of Three- O Company, a subsidiary incorporated in the United States. Requ
RUDIKE [14]

Answer:

Lahdekorpi OY, a Finnish corporation and Three-O Company, a subsidiary incorporated in the United States

Transfer Pricing:

a) The best transfer pricing method in this case is the cost plus method.  This gives the transfer price as Cost + 50%.

b) The appropriate transfer price should be $3 ($2 x 1.5).

Explanation:

Transfer pricing arises when controlled entities set prices for exchange of goods and services.  When Lahdekorpi OY, a Finnish corporation, sells wooden puzzles to Three-O Company, given their relationship, transfer pricing has arisen.  It is the assignment of cost for goods and services exchanged between related parties, like a parent and a subsidiary.

There are many Transfer Pricing methods which entities and the taxing authorities can use to determine the best transfer price.  According to the Organisation for Economic Co-operation and Development (OECD) Multinational Entities and tax authorities can use any of these five main transfer pricing methods:

a) Comparable uncontrolled price (CUP) method. The CUP method is grouped by the OECD as a traditional transaction method (as opposed to a transactional profit method)

b) Resale price method

c) Cost plus method

d) Transactional net margin method (TNMM)

e) Transactional profit split method.

7 0
3 years ago
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