Which of the following differences would result in future taxable amounts?

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Which of the following differences would result in future taxable amounts?

A. Expenses or losses that are tax deductible after they are recognized in financial
income.
B. Revenues or gains that are taxable before they are recognized in financial
income.
C. Revenues or gains that are recognized in financial income but are never included
in taxable income.
D. Expenses or losses that are tax deductible before they are recognized in financial
income.

Answer: Expenses or losses that are tax deductible before they are recognized in financial
income

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