A firm may preempt the expansion of competitive firms by using an expansionist capacity strategy and announcing a large capacity expansion

Which of the following causes a temporary difference between taxable and pretax accounting income?

A. The dividends received deduction.
B. Life insurance proceeds received due to the death of an executive.
C. Investment expenses incurred to generate tax-exempt income.
D. MACRS used for depreciating equipment.

Choosing suppliers simply based on the lowest bid has become a somewhat rare approach

Indicate whether the statement is true or false