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NEW QUESTION: 1
Which of the following items would have a tax consequence for financial accounting purposes?
I). Fines Paid for Law Violations
II). Product Warranty Liabilities
III). Life Insurance Proceeds Received (co. is beneficiary)
A. II and III.
B. I and II.
C. II only.
Answer: C
Explanation:
Fines paid for law violations are never deductible for tax purposes, and life insurance proceeds where the company is the beneficiary are never taxed. Therefore, these are permanent differences and do not have tax consequences. Differences due to warranty expenses, however, will create temporary differences and do have tax consequences.
NEW QUESTION: 2
Which of the following is NOT true about package attribute of manifest tag?
A. It is default name for the application process.
B. It serves as unique identifier for the application.
C. It may contain lowercase letters, numbers and underscores but not uppercase letters.
D. Once the app is published then the package name should not be changed.
Answer: C
NEW QUESTION: 3
The Policy Precedence Model for Access Gateway 9.0, Enterprise Edition is the priority level in which multiple ________________ are prioritized, evaluated and enforced. (Choose the correct phrase to complete the sentence.)
A. Policies of the same type
B. Profiles of different types
C. Policies of different types
D. Profiles of the same type
Answer: A