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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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15. The Eller Mutual Fund had a Net Asset Value (NAV) per share of $17.50 on January 1, 2019. On December 31, 2019 the fund’s NA
klio [65]

Answer:

The rate of return is 21.26%

Explanation:

Before calculating the return in percentage terms, it would be more appropriate to start with computing the return on the mutual fund in dollars ' terms.

Return in dollars terms;

Net Asset Value on 31 December 2019              $19.47

less

Net Asset Value on 1 January 2019                    ($17.50)

return  on NAV                                                      $1.97

Add:

Income distributions                                             $0.75

Capital gains distributions                                     $1.00

Total return on mutual fund                                   $3.72

Rate of return=total return mutual fund/Opening net asset value

rate of return =$3.72/$17.50

                       =21.26%

7 0
3 years ago
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jolli1 [7]
The fourth leading cause of deaths in the construction industry in 2013 was D. getting caught or between two objects.
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6 0
3 years ago
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Answer:

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Explanation:

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Zinaida [17]

<u>Answer:</u>

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