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NEW QUESTION: 1
Which of the following statements about deferred taxes is CORRECT?
A. Deferred taxes due to interest earned on tax-exempt bonds are self reversing at the time of maturity of the bond as bond premiums and discounts offset the coupon income over time.
B. Tax credits cause permanent differences.
C. Deferred taxes due to differences in depreciation methods used for reporting and tax accounting never reverse so long as the same methods are adhered to.
Answer: B
Explanation:
Items that appear only on either financial statements or tax returns, but not on both, cause permanent non-reversing differences. The tax credits item only appears on the tax statement and does not reverse itself. Depreciation, on the other hand, is self-reversing under normal circumstances.
NEW QUESTION: 2
Terminal detection is an important part of the future development of informationsecurity. Which of the following methods belong to the category of terminal detection? (Multiple Choice)
A. Prevent users from accessing public network search engines
B. Monitor and remember the external device
C. Install host antivirus software
D. Monitorthe host registry modification record
Answer: C,D
NEW QUESTION: 3
Drag and Drop Questions
Answer:
Explanation:
NEW QUESTION: 4
Don is a state-registered agent with GetErDone Broker-Dealers. He has three other friends who are
licensed agents-Huey, Dewey, and Louie. Huey is also an agent with GetErDone Broker-Dealers. Dewey
is an agent with a different firm in the same city, CanDo Broker-Dealers. Louie works for a Broker-Dealer
with an office just across the state line. Don can enter a commission-splitting agreement with
A. either Huey or Dewey or both
B. Dewey only.
C. Huey only.
D. Either Huey, Dewey, or Louie or any combination of the three
Answer: C
Explanation:
Don can enter a commission-splitting agreement with Huey only since he is the only one who
is also working for GetErDone Broker-Dealers. It is considered unethical to split "commissions, profits or
other compensation. . .with any person not also registered as an agent for the same broker-dealer," under
NASAA Model Rules.