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Test: CPA Financial Accounting and Reporting (FAR)
1. | Which of the following statements is a primary objective of accounting for income taxes? To: |
Recognize the amount of deferred tax liabilities and deferred tax assets reported for future tax consequences
Estimate the effect of tax consequences of future events
Identify all of the permanent and temporary differences of an enterprise
Compare an entity's federal tax liability to its state tax liability
Chris
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University of Oklahoma Norman Campus, Bachelor in Arts, Psychology. University of Oklahoma Norman Campus, Master of Arts, Acc...
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