Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. all of the following are reasons why bankers use t

All of the following are reasons why bankers use tax returns when preparing a global...

90.2K

Verified Solution

Question

Finance

All of the following are reasons why bankers use tax returns when preparing a global cash flow EXCEPT: A.The taxpayer generally puts significant time and effort into compiling data for the tax return B.The tax return will likely show the highest amount of earned profit compared to a financial statement C.Tax returns are often prepared by trained third parties who are familiar with current tax laws D.The consistent format of a tax return makes comparison of results to earlier years data easier

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Statistics
1.2K views

Use the distribution below to test that Plain M&Ms follow the stated distribution. Discuss your choice...

Psychology
1.2K views

evolutionary advantage for the development of empathy and theory of mind

Biology
1.2K views

Animal fats such as butter are comprised of O Saturated high Saturated low Unsaturated high...

Biology
1.2K views

Please write a short summary from a per citation about the bomby night frog and...

Basic Math
1.2K views

1 10 Use Euler s method with a step size of h 0 1 to...

Calculus
1.2K views

or t 6 For the robot link position shown below find the angle that the...

Calculus
1.2K views

20 The reference angle of 292 is A 32 B 22 C 58 D 68

Accounting
1.2K views

a. What is Benz's interest income for Year 1? b. What...

Accounting
1.2K views

HISTORY, VISION, MISSION, VALUE STATEMENT, VISION AND MISSION STATEMENT FOR BUDGETING ANALYSIS

Accounting
1.2K views

How does a company like Southwest Airlines use a balanced scorecard approach to translate its...

Accounting
1.2K views

Problem 5-22 (Static) CVP Applications; Contribution Margin Ratio; Break-Even Analysis; Cost Structure [LO5-1, LO5-3, LO5-4,...

Accounting
1.2K views

John Fleming, chief administrator for Valley View Hospital, is concerned about the costs for tests...