Income taxes are allocated to
A) continuing operations.
B) discontinued operations.
C) prior period adjustments.
D) All of these answers are correct.

Name: Income taxes are allocated to A) continuing operations. B) discontinued operations. C) prior period adjustments. D) All of these answers are correct.
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Question

Quizplus · Accepted Answer

Income taxes are allocated to continuing operations, discontinued operations, and prior period adjustments, as they affect all these areas of financial reporting.

Income Taxes Are Allocated to