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    Federal Taxation
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    Exam 17: Corporations: Introduction and Operating Rules
  5. Question
    Temporary Differences Are Book-Tax Differences That Appear in Both the GAAP
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Temporary Differences Are Book-Tax Differences That Appear in Both the GAAP

Question 82

Question 82

True/False

Temporary differences are book-tax differences that appear in both the GAAP financial statements and the Federal income tax return but not in the same reporting period.

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