Why is income tax allocation unique

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Reference no: EM131529634

Question: 1. As a type of allocation, why is income tax allocation unique?

2. Relative to depreciation, why is comprehensive allocation an example of rigid uniformity and partial allocation an example of finite uniformity?

3. Although net-of-tax depreciation gives the same bottom-line result as comprehensive allocation, are there any financial ratios that would be affected by the choice between these methods?

4. How do the deferral and liability methods of implementing comprehensive allocation differ.

Reference no: EM131529634

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