Which of the Following Statements Was Not Made in ARB

Multiple Choice

Which of the following statements was not made in ARB 43?

A) Income taxes are an expense that should be allocated as other expenses are allocated.
B) Income taxes should be allocated to income and other accounts as other expenses are allocated.
C) The income statement should reflect tax expense properly allocable to the income included in the income statement for the year.
D) Tax expense should equal the amount of tax payable based on taxable income for the year.