Income tax expense is recognized in each interim period based on the best estimate of the weighted-average annual income tax rate expected for the full financial year.

Name: Income tax expense is recognized in each interim period based on the best estimate of the weighted-average annual income tax rate expected for the full financial year.
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The income tax expense for interim periods is calculated using the estimated annual effective tax rate, which is applied to the year-to-date ordinary income.

Income Tax Expense Is Recognized in Each Interim Period Based