Taxable income of a corporation differs from pretax financial income because of Permanent differences/temporary differences
a. no/no
b. no/yes
c. yes/yes
d. yes/no
Ans: c. yes/yes
Business
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The Environmental Protection Agency has which of the following powers?
A) Adopt regulations and initiate judicial proceedings B) Initiate judicial proceedings C) Adopt regulations and hold hearings D) Adopt regulations, hold hearings, and initiate judicial proceedings E) Adopt regulations
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