1.

Differentiate allocation and apportionment ? ( cost accounting )​

Answer»

ong>Answer:

The STATES use TWO primary methods to determine a company's tax exposure: allocation and apportionment. Allocation is used to designate the non-business income to a SPECIFIC STATE or local tax authority. Apportionment is used to assign the business income AMONG the states.



Discussion

No Comment Found

Related InterviewSolutions