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)
Select one:
A. Temporary, favorable
B. Temporary, unfavorable
C. Permanent, favorable
D. Permanent, unfavorable
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