What are temporary differences between pretax financial income and taxable income?
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What are temporary differences between pretax financial income and taxable income?
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Please help me in answering my discussion questions. The chapter that we are covering is on taxation accounting. The answer does not have to be very long, a to the point short answer will do, maybe a couple for paragraphs per question. Thank you. Greg
Question 1
What are temporary differences between pretax financial income and taxable income?
Provide examples of temporary differences.
Question 2
What are permanent differences between pretax financial income and taxable income?
Provide examples of permanent differences.
