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Questions and Answers
What is a category in the Tax Provision?
What is a category in the Tax Provision?
- An account used for tax purposes only
- A customizable grouping of accounts
- A pre-defined grouping of accounts based on reporting methods and types of differences (correct)
- A report generated based on the Tax Provision
What does each category in the list represent?
What does each category in the list represent?
- A customizable grouping of accounts
- A section in the current provision (correct)
- A report generated based on the Tax Provision
- An account used for tax purposes only
What is the basis for grouping accounts into categories in the Tax Provision?
What is the basis for grouping accounts into categories in the Tax Provision?
- Geographical location
- Size of the account
- Type of industry
- Reporting methods and types of differences (correct)
