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The Flintstone Company Incurred the Following Expenses in 2016, Which

Question 41

Multiple Choice

The Flintstone Company incurred the following expenses in 2016, which are reported differently for financial reporting purposes and taxable income: The Flintstone Company incurred the following expenses in 2016, which are reported differently for financial reporting purposes and taxable income:   If the tax rate is 40%, what is the total temporary difference? A)  $20,000 B)  $28,000 C)  $70,000 D)  $150,000 If the tax rate is 40%, what is the total temporary difference?


A) $20,000
B) $28,000
C) $70,000
D) $150,000

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