a temporary difference. a permanent difference. either a temporary difference or

Question

  

                            
           a temporary difference.                             
           a permanent difference.                             
           either a temporary difference or a permanent difference.                             
           a good example of tax fraud.
  
Machinery was acquired at the beginning of the year. Depreciation recorded during the life of the machinery could result in
Future taxable amounts and Future deductible amounts Answer                                                   
           Yes for taxable and Yes for deductible                             
           Yes for taxable and No for deductible                             
           No for taxable and Yes for deductible                             
           No for taxable and No for deductible

Explanation / Answer

a permanent difference.

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