When provided with an offer of a 10% discount to purchase 10,000 electronic calculators within the next 30 days, Target buys 30,000 instead to take advantage of the price discount
Target will offer the calculator to consumers at a discount during the special sale, but then have additional calculators to sell when the sale is over. This is an example of:
A) an off-invoice allowance
B) slotting fee
C) forward buying
D) diversion
C
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Interperiod tax allocation results in a deferred tax liability from
a. an income item partially recognized for financial purposes but fully recognized for tax purposes in any one year b. the amount of deferred tax consequences attributed to temporary differences that result in net deductible amounts in future years c. an income item fully recognized for tax and financial purposes in any one year d. the amount of deferred tax consequences attributed to temporary differences that result in net taxable amounts in future years
During the question-and-answer phase of an interview, try to keep your answers short; usually just a yes or no will do
Indicate whether the statement is true or false.