Which of the following would not result in a permanent difference between pretax financial income and taxable income?

Question

Quizplus · Accepted Answer

Product warranty costs typically result in a temporary difference between pretax financial income and taxable income, not a permanent difference. This is because these costs are recognized in different periods for financial reporting and tax purposes, but eventually, the total amount recognized will be the same for both.

Which of the Following Would Not Result in a Permanent