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  • Questions and Answers
  • 326 Q&As
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NEW QUESTION: 1
Item A is recognized for financial reporting but not allowed by tax legislation. Item B is recognized for tax reporting but not for financial reporting. A ______ will result from item A and a ______ will result from item B
A. permanent, permanent.
B. permanent, temporary.
C. temporary, permanent.
Answer: A
Explanation:
The differences between tax and financial reporting of these items will not be reversed so they are both permanent differences.

NEW QUESTION: 2
A work center has 3 machines and is operated for 8 hours a day and 5 days a week. What is the available time?
A. 100 hours per week
B. 80 hours per week
C. 90 hours per week
D. 120 hours per week
Answer: D

NEW QUESTION: 3
You have a model that contains data relating to corporate profits. The model contains a measure named Profit.
You need to create a PivotTable to display the Profit measure in three different formats by using the Show Value As feature. The PivotTable must produce the results shown in the following table.

How should you configure the Show Value As feature for % Profit of Annual Total and % profit of Grand Total? To answer, select the appropriate options in the answer area.
NOTE: Each correct selection is worth one point.

Answer:
Explanation:

Explanation:
https://support.office.com/en-us/article/show-different-calculations-in-pivottable-value-fields-014d2777-baaf-480b-a32b-98431f48bfec

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