The difference between the number of line items reported on the balance sheet and the amount of the individual line item reported on the tax base is known as temporary difference.Answer and Explanation: The tax that arises for the business entity if there is a difference between the accounting ...
The measurement and reporting of stock options as an expense was one of the most politically debated topics since the inception of the CAP, APB, and FASB. The end result is that: A. there is no recognition of an expense...