Which of the following is not an example of a temporary difference that will result in a deductible amount in future years?
a. royalties received in advance
b. unearned subscriptions
c. advanced rental receipts
d. installment sales
Answer: d. installment sales
Business
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The primary difference between a merchandise mart and a trade show is based on _____
a. cost b. location c. membership requirement d. permanence
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The freedom-to-________ doctrine states that parties who are legally competent are allowed to enter into whatever contracts they wish
A) compete B) enter C) sign D) contract
Business