1. What are differences that have future tax consequences are: • A. Temporary differences • B. Taxable temporary differences • C. Permanent differences • D. deductible temporary differences 2. At paid to suppliers for the purchase of inventory is known as: • A. Output tax • B. Income tax • C. Dividend tax D. Input tax 3. The estimated taxable income for the year ended 31 December 2021 is R 8 425 000. What is the 1st provisional payment amount? • A. R 1263 750.00 • B. R 1 179 500 • C. R 2 359 000 • D. R 4 212 500

1. What are differences that have future tax consequences are: • A. Temporary differences • B. Taxable temporary differences • C. Permanent differences • D. deductible temporary differences 2. At paid to suppliers for the purchase of inventory is known as: • A. Output tax • B. Income tax • C. Dividend tax D. Input tax 3. The estimated taxable income for the year ended 31 December 2021 is R 8 425 000. What is the 1st provisional payment amount? • A. R 1263 750.00 • B. R 1 179 500 • C. R 2 359 000 • D. R 4 212 500

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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