Justification for the method of determining periodic deferred tax expense is based on the concept of Matching
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Question:
tax expense is based on the concept of
Matching of periodic expense to periodic revenue.
Objectivity in the calculation of periodic expense.
Recognition of assets and liabilities.
Consistency of tax expense measurements with actual
tax planning strategies.
Related Book For
Accounting For Managers Interpreting Accounting Information for Decision Making
ISBN: 978-1119979678
4th edition
Authors: Paul M. Collier
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