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differences between net income for tax purposes and financial reporting occur because, even though financial accounting principles and tax laws concur on the item to be recognized as revenues and expenses, they don't concur on the timing of the recognition.
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What is the rationale for interperiod income tax allocation?
nonne
The result of interperiod tax allocation is that?
The income tax expense on the income statement is the sum of the income taxes payable for the year and the changes in deferred tax asset or liability balances for the year.
Interperiod Income Tax Allocation causes?
... the income tax expense reported on the income statement to equal the amount of income taxes payable for the current year plus or minus the change in the future income tax asset or liability balances for the year.
What is intraperiod tax allocation?
Intraperiod tax allocation is the act of allotting income taxes to the various parts that are seen in a businessâ??s income statement. An intraperiod tax allocation arises due to the differences between generally accepted accounting rules and income tax rules.
How does accounting help the capital allocation process?
information provided by acct. enable investors and creditors to compare income and assets and decided whether or not to invest or lend money
What is the rationale for interperiod income tax allocation?
nonne
The result of interperiod tax allocation is that?
The income tax expense on the income statement is the sum of the income taxes payable for the year and the changes in deferred tax asset or liability balances for the year.
Interperiod Income Tax Allocation causes?
... the income tax expense reported on the income statement to equal the amount of income taxes payable for the current year plus or minus the change in the future income tax asset or liability balances for the year.
Income tax allocation procedures are justified by what concept?
revenue recognnition
Is Intraperiod tax allocations a Permanent Difference or temporary Difference?
When we talk about Permenent difference or temporary difference, we actually mean Interperiod Tax allocation. Intraperiod tax allocation involves apportionning the total tax provision for financial accounting purpose in a period between the income or loss from: Income frm continuing operation, Discontinued operations, Extraordinary items, Cumulative effect of accounting change, and other comprehensive income.
What is the symbol for BlackRock Credit Allocation Income Trust in the NYSE?
The symbol for BlackRock Credit Allocation Income Trust in the NYSE is: BTZ.
In what year did BlackRock Credit Allocation Income Trust - BTZ - have its IPO?
BlackRock Credit Allocation Income Trust (BTZ)had its IPO in 2006.
What is tax allocation?
Intraperiod tax allocation is the act of allotting income taxes to the various parts that are seen in a businessâ??s income statement. An intraperiod tax allocation arises due to the differences between generally accepted accounting rules and income tax rules.
What is intraperiod tax allocation?
Intraperiod tax allocation is the act of allotting income taxes to the various parts that are seen in a businessâ??s income statement. An intraperiod tax allocation arises due to the differences between generally accepted accounting rules and income tax rules.
What is revenue allocation?
is the distritution of government or corporate income
What is the market cap for BlackRock Credit Allocation Income Trust BTZ?
As of July 2014, the market cap for BlackRock Credit Allocation Income Trust (BTZ) is $1,482,969,692.40.
What is a Synonym for budget?
allowance, means, funds, income, finances, resources, allocation
