Question: The general approach considerable acceptable for GAAP interim reporting related to income taxes in interim reports is to: A. use an effective tax rate that

The general approach considerable acceptable for GAAP interim reporting related to income taxes in interim reports is to: A. use an effective tax rate that relates to the quarter reported. B. use an effective interim period rate. C. annualize the tax rate and apply that rate to all quarters. D. apply a marginal income tax approach to items subject to incremental rates

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