Question: Many of the reporting rules under the Internal Revenue Code will create differences from GAAP reporting. Which item below will generally create a difference between

Many of the reporting rules under the Internal Revenue Code will create differences from GAAP reporting. Which item below will generally create a difference between tax and GAAP reporting?

a. The reporting on dividends paid to shareholders

b. The reporting of a gain (loss) on an asset fully depreciated for both tax and GAAP

c. The reporting on stock qualified stock options in the year granted

d. None of the above

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