Explain the comment given below by reference to the following items: depreciation of non-current assets, exempt income,
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Explain the comment given below by reference to the following items: depreciation of non-current assets, exempt income, fines and penalties, and entertainment costs.
“In contrast to accounting profit, taxable profit is based on rules that create economic incentives and disincentives.”
Related Book For
Financial Statement Analysis
ISBN: 978-0078110962
11th edition
Authors: K. R. Subramanyam, John Wild
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