The correct statement regarding the income tax is Deductible temporary differences give rise to deferred tax liabilities, meaning that more tax is payable in the future. hence option C is correct
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What is income tax?</h3>
A tax placed on people or organizations in relation to their income or profits is known as an income tax. Tax rates multiplied by taxable income are typically used to calculate income taxes. Tax rates might change depending on the taxpayer's attributes and source of income.
The complete part of the question is below:
A) Review Later Income tax expense includes both the amount of tax payable in the current period and the amount of tax due in future periods.
B)Income taxes are based on taxable income and not accounting income.
C)Deductible temporary differences give rise to deferred tax liabilities, meaning that more tax is payable in the future.
D)Deferred taxes arise because of temporary differences between the tax base and the carrying amount of assets and liabilities on the balance sheet.
Hence option C is correct.
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Answer & Explanation: When planning a procurement, it is useful to at least conduct a make or buy analysis which aids in determining the most cost effective approach, to consult and liaise with in-house experts in the departments of procurement, human resource, and legal, and also to insure the sponsor of the project signs off on the procurement plan. The goal of procurement planning is to increase the transparency and predictability of the procurement process while also deciding on what to buy, when and from what source.
One popular system for defining effective goals uses the acronym SMART, which stands for: SPECIFIC, MEASURABLE, ATTAINABLE, REALISTIC AND TIMELY.
SMART is an acronym that define the characteristic of a goal that is considered an excellent one. A goal that one wants to achieve must have some features which make it possible for one to achieve the goal. The goal must be specific, that is, one must be able to define specifically what one want to achieve. The goal must be measurable, that is, you must be able to measure the progress you have made so far. The goal must be attainable, it must be realistic, something that is possible for you to achieve. The must goal must also have a life span, that is, the period during which the goal must be achieved.
Profit of 10,750. 91,750 - 81000= 10,750/
Answer:
Direct channel
Explanation:
Manufacturers when directly reach out to the customers by making the product available to them without involving any intermediaries are using direct channel of distribution.
in this case, Jamil sells furniture made by him directly to the customers by advertising it on his website. He is using direct channel of distribution in this case.
