2008 Acct 304 Ch 4 Concept Review Matching

2008 Acct 304 Ch 4 Concept Review Matching - A. Change in...

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A. Change in accounting estimate B. Income from discontinued operations C. Income from continuing operations D. Intraperiod tax allocation E. Matching principle F. Operating activities (income statement) G. Prior period adjustment H. Provision for income tax I. Taxable income J. Transitory earnings Phrases: 13. _____ Also known as income tax expense. 14. _____ Ignored by analysts in assessing income from continuing operations. 15. _____ Associates tax with income statement item. 16. _____ Used as the base for computing taxes currently payable. 17. _____ Made to correct a material error in retained earnings. A. Change in accounting estimate B. Income from discontinued operations C. Income from continuing operations D. Intraperiod tax allocation E. Matching principle F. Operating activities (income statement) G. Prior period adjustment H. Provision for income taxes I. Taxable income J. Transitory earnings Phrases: 18. _____ Is directly related to the principal revenue-generating activities. 19.
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This note was uploaded on 10/28/2008 for the course ACCT 304 taught by Professor Ed during the Spring '08 term at Brookdale.

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2008 Acct 304 Ch 4 Concept Review Matching - A. Change in...

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