掃碼下載APP
及時接收最新考試資訊及
備考信息
為了幫助參加2015年美國CPA考試的學員鞏固知識,提高備考效果,正保會計網(wǎng)校特為大家整理了美國CPA考試模擬試題,希望幫助廣大考生一起學習一起進步。
Under current generally accepted accounting principles, which approach is used to determine income tax expense?
a. Periodic expense approach.
b. “With and without” approach.
c. Net of tax approach.
d. Asset and liability approach.
Explanation
Choice “d” is correct. The approach used in GAAP to determine income tax expense is the asset and liability approach (sometimes referred to as the balance sheet approach)。 The asset and liability approach is used to squeeze out the amount of income tax expense after the amount of deferred tax assets and liabilities have been determined.
Choice “b” is incorrect, which is a distracter.
Choice “c” is incorrect, as the net of tax approach is used for presentation on the income statement.
Choice “a” is incorrect, which relates to an income statement based approach of expense.
Copyright © 2000 - m.yinshua168.com.cn All Rights Reserved. 北京正保會計科技有限公司 版權所有
京B2-20200959 京ICP備20012371號-7 出版物經(jīng)營許可證 京公網(wǎng)安備 11010802044457號