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    Business
  3. Study Set
    Financial Accounting
  4. Exam
    Exam 6: Revenue Recognition Issues
  5. Question
    Permanent Differences Are Created by Revenue and Expense Items,which Are
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Permanent Differences Are Created by Revenue and Expense Items,which Are

Question 2

Question 2

True/False

Permanent differences are created by revenue and expense items,which are recognized for accounting purposes but not for tax purposes or which are recognized for tax purposes but not for accounting purposes.

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