corporate income tax is an expense, not a distribution of the profits to the government

1) Which one is false?a) corporate income tax is an expense, not a distribution of the profits to the governmentb) non taxable revenue causes permanent differences between pretax accounting income and taxable incomec) In general, temporary differences are resulted from timing difference between GAAP and tax regulationsd) Non-tax-deductible expense causes the temporary difference2) Which one is false?a) Current GAAP requires the deferred methodb) An NOL (net operating loss) occurs when taxable revenues and gains are less than total tax deductionsc) the asset/liability method of income tax allocation is balance sheet oriented3) Which one is false?a) company should report changes in the deferred tax asset and liability accounts as footnotes in 10-kb) company does not have to report tax carrybacks and carry forwards in 10-kc) Tax accounting is related to the quality of earningsd) Tax accounting is related to the ability to assess future cash flows4) Please briefly discuss the changes made in SFAS 158 and SFAS 132 (revised in 2003) compared with SFAS 87.

Calculate the price
Make an order in advance and get the best price
Pages (550 words)
$0.00
*Price with a welcome 15% discount applied.
Pro tip: If you want to save more money and pay the lowest price, you need to set a more extended deadline.
We know how difficult it is to be a student these days. That's why our prices are one of the most affordable on the market, and there are no hidden fees.

Instead, we offer bonuses, discounts, and free services to make your experience outstanding.
How it works
Receive a 100% original paper that will pass Turnitin from a top essay writing service
step 1
Upload your instructions
Fill out the order form and provide paper details. You can even attach screenshots or add additional instructions later. If something is not clear or missing, the writer will contact you for clarification.
Pro service tips
How to get the most out of your experience with Essay Fountain
One writer throughout the entire course
If you like the writer, you can hire them again. Just copy & paste their ID on the order form ("Preferred Writer's ID" field). This way, your vocabulary will be uniform, and the writer will be aware of your needs.
The same paper from different writers
You can order essay or any other work from two different writers to choose the best one or give another version to a friend. This can be done through the add-on "Same paper from another writer."
Copy of sources used by the writer
Our college essay writers work with ScienceDirect and other databases. They can send you articles or materials used in PDF or through screenshots. Just tick the "Copy of sources" field on the order form.
Testimonials
See why 20k+ students have chosen us as their sole writing assistance provider
Check out the latest reviews and opinions submitted by real customers worldwide and make an informed decision.
Sociology
Thank you
Customer 452919, March 23rd, 2022
Sociology
Thank you. You all have been timely, and amazing.
Customer 452919, May 3rd, 2022
Sociology
Thanks to the Team
Customer 452919, March 22nd, 2022
History
Thanking you all in advance for your assistance.
Customer 452919, November 26th, 2024
History
Thank you
Customer 452919, October 28th, 2024
English 101
well written excellent job, thank you!!
Customer 452989, December 2nd, 2021
Education
Thank you so much!!! Will use this service again highly recommend this site!!!
Customer 452739, May 2nd, 2021
Natural Sciences
Revision in a short period of time!
Customer 452947, November 9th, 2021
Nursing
Great paper thank you so much
Customer 452667, March 19th, 2021
History
Thank you for the revision
Customer 452919, October 31st, 2024
Education
Great Job !!
Customer 453117, September 17th, 2022
Marketing
Excellent and thank you!
Customer 452591, December 12th, 2020
11,595
Customer reviews in total
96%
Current satisfaction rate
3 pages
Average paper length
37%
Customers referred by a friend
OUR GIFT TO YOU
15% OFF your first order
Use a coupon FIRST15 and enjoy expert help with any task at the most affordable price.
Claim my 15% OFF Order in Chat