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What are the permanent and temporary differences

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Reference no: EM131821798

Question - For accounting for income taxes:

1. What are the permanent and temporary differences?

2. What is NOL? Why does it occur?

3. What are the allocation methods?

4. What are the deferred tax assets and deferred tax liability?

5. What is the earnings conservatism ratio?

Reference no: EM131821798

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