Final Answer:
Applicable tax rates is not a cause of a difference between pretax financial income and taxable income in a given period.
The correct option is C.
Step-by-step explanation:
The differences between pretax financial income and taxable income primarily stem from factors such as operating loss carrybacks and carryforwards (option a), permanent differences (option b), and temporary differences (option d). However, applicable tax rates (option c) are not a direct cause of the difference between pretax financial income and taxable income.
Tax rates affect the amount of tax calculated based on the taxable income, but they do not inherently create a difference between pretax financial income and taxable income themselves.
So, the correct option is c)Applicable tax rates.
This question is incomplete, the complete question is:
Which of the following is not a cause of a difference between pretax financial income and taxable income in a given period?
a. Operating loss carrybacks and carryforwards
b. Permanent differences
c. Applicable tax rates
d. Temporary differences