Accounting profit may include income or expenses that are not included in the taxable profit, and therefore accounting profit is not equal to taxable profit. O a. False O b. True

SWFT Corp Partner Estates Trusts
42nd Edition
ISBN:9780357161548
Author:Raabe
Publisher:Raabe
Chapter2: The Deduction For ­qualified Business Income For Pass-through Entities
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Please do not rely too much on chatgpt, because its answer may be wrong. Please consider it carefully and give your own answer. You can borrow ideas from gpt, but please do not believe its answer.Very very grateful!Please do not rely too much on chatgpt, because its answer may be wrong. Please consider it carefully and give your own answer. You can borrow ideas from gpt, but please do not believe its answer.Very very grateful!
Accounting profit may include income or expenses that are not included in the taxable profit, and
therefore accounting profit is not equal to taxable profit.
O a. False
O b. True
Transcribed Image Text:Accounting profit may include income or expenses that are not included in the taxable profit, and therefore accounting profit is not equal to taxable profit. O a. False O b. True
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