Which of the following is an example of a temporary difference that would result in a deferred tax liability?
a. Use of straight-line depreciation for accounting purposes and an accelerated rate for income tax purposes
b. Rent revenue collected in advance when included in taxable income before it is included in pretax accounting income
c. Use of a shorter depreciation period for accounting purposes than is used for income tax purposes
d. Investment losses recognized earlier for accounting purposes than for tax purposes
A
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Which statement is true about correspondence analysis?
A) The interpretation of results is similar to that in chi-square analysis. B) An advantage over other MDS techniques is that it reduces the data collection demands put on the respondents because only interval or ratio data are obtained. C) A disadvantage is that between-set distances cannot be meaningfully interpreted. D) All of the statements are true.
During the testing and validation process, ______.
A. market research for the product is gathered B. the production process is validated C. product design is initiated D. raw materials for the product are evaluated
When can research be justified, even if the financial risk of the decision is small?
a. The research can be done inexpensively b. It will not take very long to complete c. A lot of the information can be obtained from secondary sources d. It will help to clarify the actions to be take or decisions to be made e. all of the above
In a dilution lawsuit, the plaintiff must show proof of actual harm in order to win the lawsuit.
Answer the following statement true (T) or false (F)