Which of the following items is a temporary difference between tax income and financial accounting income?

Question

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Depreciation is a temporary difference between tax income and financial accounting income because it is tax-deductible, but not always deductible in financial accounting. The other options (A, B, and C) are permanent differences between tax and financial accounting income because they are either not taxable or not deductible in both tax and financial accounting.

Which of the Following Items Is a Temporary Difference Between