Intraperiod Tax Allocation Arises Because

Intraperiod tax allocation arises because

A) Items included in the determination of taxable income may be presented in different sections of the financial statements
B) Income taxes must be allocated between current and future periods
C) Certain revenues and expenses appear in the financial statements either before or after they are included in taxable income
D) Certain revenues and expenses appear in the financial statements but are excluded from taxable income