Babyhands3624 Babyhands3624
  • 02-09-2019
  • Business
contestada

What is meant by "tax allocation within a period"? What is the justification for such practices?

Respuesta :

federico1636
federico1636 federico1636
  • 13-09-2019

Answer:

Tax allocation within a period is the practice of allocating the income tax for a period to such items as income before extraordinary items, extraordinary items and period adjustments.

Explanation:

The justification for tax allocation within a period is to produce financial statements which disclose an appropriate relationship of the different taxable income.

Answer Link

Otras preguntas

Islam beyond conflict: indonesian islam and western political theory
What is the GCF for all of them? Please help me.
Syracuse and New York City are 240 miles apart. One car left Syracuse heading for New York City at an average of 65 mph. A second car left New York City headin
A share of Orange stock that was worth $25 in 2000 increased exponentially to $72 in 2010. What is the annual multiplier and what is the annual percent increase
if you are studying Which of these go on the front of a card. A.the definition of the word B.a sentence that uses the wordC.any word parts(root,prefix,suffix)D.
True of false: the best measure to use when comparing alternative investments is the amount of the dollar gain or loss. a. true b. false
Of the two x chromosomes inherited by human females, one becomes
find the follow of x 10/4=15/x
What is the equation of the line which includes points (1, 1) and (1, 5)? x = 1 y = 1 y = x + 1 y = -x - 1
President andrew jackson's policy toward native american indians was created to