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  3. 8. intraperiod tax allocation a. is used to

8. Intraperiod tax allocation a. is used to allocate...

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Question

Accounting

8. Intraperiod tax allocation

a.

is used to allocate a company's total income tax expense to the components of net income and retained earnings

b.

involves temporary (timing) differences between financial and taxable incomes

c.

requires allocation of deferred taxes across accounting periods

d.

results from differences between tax regulations and the principles followed to determine financial income.

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