Type of Difference Deferred Tax: A company records an unrealized loss on short-term securities. This would result in what type of difference and in what type of deferred income tax?

a. Temporary Liability
b. Temporary Asset
c. Permanent Liability
d. Permanent Asset

Ans: b. Temporary Asset

Business

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Which of the following is true of VoIP?

A) Most companies have converted to VoIP. B) VoIP is limited to local service. C) VoIP utilizes digital signals and transmits using packets. D) All of the above

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