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  3. Study Set
    Principles of Accounting
  4. Exam
    Exam 14: The Corporate Income Statement and the Statement of Stockholders Equity
  5. Question
    The Discrepancy Between Methods Used for Accounting Purposes and Methods
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The Discrepancy Between Methods Used for Accounting Purposes and Methods

Question 81

Question 81

True/False

The discrepancy between methods used for accounting purposes and methods used for tax purposes causes items in the financial statements to be shown "net of tax."

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