In periods of rising prices, the inventory method which results in the inventory value on the balance sheet that is closest to current cost is the

A deferred tax liability represents the:

a. increase in taxes saved in future years as a result of deductible temporary differences b. decrease in taxes saved in future years as a result of deductible temporary differences c. decrease in taxes payable in future years as a result of taxable temporary differences d. increase in taxes payable in future years as a result of taxable temporary differences

What crimes do not require mens rea?

A) felonies B) strict liability crimes C) street crimes D) petty crimes