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Which One of the Following Would Require Interperiod Tax Allocation

Question 91

Multiple Choice

Which one of the following would require interperiod tax allocation?


A) percentage depletion in excess of cost depletion
B) premiums paid on a life insurance policy of which the company is the beneficiary
C) interest on state municipal bonds
D) investment income recognized by the equity method for accounting purposes but as income when received for tax purposes

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