An example of intraperiod income tax allocation isa. reporting an extraordinary item in the income statement, net of direct tax effects. b. interest income on municipal obligations. c. estimated expenses for major repairs accrued for financial statement purposes in one year, but deducted for income tax purposes when paid in a subsequent year. d. rental income included in income for income tax purposes when collected, but deferred for financial statement purposes until earned in a subsequent year.

hi,

henry is an economist and wants to understand the relationship between inflation and consumer spending habits. for his research, he needs the consumer price index for 2014 and the inflation rate. based on the prices of goods given, what will he find to be the cpi and inflation rate for 2014? assume that a consumer’s basket for three consecutive years consists of the following:

you dont privide answer choices.

answer - 15% of a inflatation rate is 15% less in cpi

um sure

answer(b) equal; set period;