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Using straight-line depreciation for financial reporting purposes and MACRS for tax purposes in the first year of an asset's life creates a _____. (Points : 5) future deductible amount permanent difference not requiring interperiod tax allocation deferred tax asset deferred tax liability
Using straight-line depreciation for financial reporting purposes and MACRS for tax purposes in the first year of an asset's life creates a deferred tax liability.
Expert answered|andrewpallarca|Points 16972|
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Asked 11/23/2012 4:27:19 PM
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Asked 11/16/2012 5:22:25 PM
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After creating a PivotChart, you can sort or filter categories or subcategories in rows by clicking the _____.
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