Question: Analysts may prefer to a remove deferred tax from the financial statements as Question 8 Answer a. Deferred tax does not represent an amount that

Analysts may prefer to a remove deferred tax from the financial statements as Question 8 Answer a. Deferred tax does not represent an amount that is owed from or to tax authorities. b. Analysts only require after-tax profit numbers. c. There are minor differences between tax accounting and GAAP accounting. d. Tax rates vary too much across jurisdictions and industries

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