EX427 Exam Questions and Answers

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NEW QUESTION: 1

A. Option D
B. Option A
C. Option B
D. Option C
Answer: B

NEW QUESTION: 2
Which formula is used to calculate a company's global effective tax rate?
A. worldwide post tax net income multiplied by average national tax rate
B. worldwide pretax net income divided by worldwide provision for income taxes
C. total tax obligation for the period divided by worldwide pretax net income
D. worldwide provision for income taxes divided by worldwide pretax net income
Answer: B


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