For Interim Financial Reporting, a Company's Income Tax Expense for the Second

Multiple Choice

For interim financial reporting, a company's income tax expense for the second quarter should be computed by using the:

A) statutory tax rate for the year.
B) effective tax rate expected to be applicable for the second quarter.
C) effective tax rate expected to be applicable for the full year as estimated at the end of the first quarter.
D) effective tax rate expected to be applicable for the full year as estimated at the end of the second quarter.