The drawee's signature alone on the draft is not sufficient to constitute a valid acceptance

Taxable amounts are temporary differences that

a. require the recording of a deferred tax liability b. decrease taxable income in future years c. require the recording of a deferred tax asset d. increase pretax financial income in future years

If a nation's income exceeds its spending, then

A) savings will exceed domestic investment. B) the nation must run a current account surplus. C) the nation must run a capital account deficit. D) all of the above.