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Author Question: A business uses the same inventory method for both financial reporting and tax reporting. Because of ... (Read 106 times)

gonzo233

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on: Sep 13, 2020
A business uses the same inventory method for both financial reporting and tax reporting. Because of the UNICAP requirement, ending inventory is likely to be
◦ higher for tax reporting purposes than for financial reporting purposes.
◦ higher for financial reporting purposes than for tax reporting purposes.
◦ the same for both financial and tax reporting as UNICAP requires uniform inventory accounting methods.
◦ None of these.
Federal Taxation 2017 Individuals ¦ Pope, Rupert, Anderson ¦ 30th Edition
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Marked as best answer by gonzo233 on Sep 13, 2020

harveenkau8139

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Reply #1 on: Sep 13, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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gonzo233

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Reply 2 on: Sep 13, 2020
YES! Correct, THANKS for helping me on my review

scottmt

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Reply 3 on: Yesterday
:D TYSM

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