Question: Identify first whether it is either temporary or permanent. Then, identify the difference as either favorable or unfavorable. Federal income tax expense (from the income

Identify first whether it is either temporary or permanent. Then, identify the difference as either favorable or unfavorable.

Federal income tax expense (from the income statement)

A. Temporary, favorable

B. Temporary, unfavorable

C. Permanent, favorable

D. Permanent, unfavorable

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