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Explain a permanent book / tax difference
Which of the following statements describes a permanent book/tax difference?
A. An expense that is reported on this year's income statement but is deducted on next year's tax return
B. A revenue item that is included in current year taxable income but is not reported on the income statement until next year
C. An expense that is never deductible
D. A revenue item that is reported on this year's income statement but will not be included in taxable income until an indefinite future year.
Imagine which ERPI's historic growth strategy has focused on making one sale also then moving on to the next target industry. After several years of building market share using this approach, illustrate what new resources has ERPI developed?
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Barry Olson has mastered strong technical skills as the manager of a large category killer toy store. He is very skilled at all the aspects of managing the store, including employee management.
Take a few minutes and thinks about some products and services that could NEVER be advertised on the Web, either because of legal restrictions or just in bad taste.
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