Question: For the following, indicate if the difference is temporary (T) or permanent (P): (1) Non-deductible expenses due to violations of the law (2) Difference in
For the following, indicate if the difference is temporary (T) or permanent (P): (1) Non-deductible expenses due to violations of the law (2) Difference in GAAP and tax depreciation methods (3) Non-taxable interest received from investments in bonds issued by state and municipal governments Select one: a (1) P. (2) T, (3)-P b. (1) P (2) P. (3)-P c. (1) T. (2) T, (3) T d. (1) T. (2) P. (3) T e. (1) T. (2) T, (3) T
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