All of the following can result in a temporary difference between pretax financial income and taxable income except

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Payment of premiums for life insurance typically does not create a temporary difference between pretax financial income and taxable income because these premiums are generally not deductible for tax purposes, thus not leading to timing differences in recognition between accounting and tax purposes. Depreciation expense, contingent liabilities, and product warranty costs can all lead to temporary differences due to different treatment or timing in financial reporting versus tax reporting.

All of the Following Can Result in a Temporary Difference