Some items are treated as a deduction for tax purposes when they are paid but are recognised as expenses when they are accrued for accounting purposes.Which of the following items are of that type?

Question

Quizplus · Accepted Answer

Long service leave is typically recognised as an expense when it is accrued for accounting purposes, but is treated as a deduction for tax purposes when it is actually paid out.

Answer: E
 All of the given answers may be treated as a deduction for tax purposes when they are paid, but recognised as expenses when they are accrued for accounting purposes.

Some Items Are Treated as a Deduction for Tax Purposes