单选题 In accounting for taxes, which of the following statements about temporary and permanent differences is least accurate? A. A permanent difference is reflected in the financial statements by adjusting the effective tax rate. B. Gains or losses from carrying marketable securities at market value are permanent differences. C. If a company has permanent but no temporary differences, tax expense equals taxes payable.
【正确答案】 B
【答案解析】Gains or losses from marketing marketable securities to their market values will reverse if they are sold and are thus temporary differences.