Which of the following is an expense that results from the usage of a natural resource?

From an employee's perspective, tax deferral is beneficial because:

A) current taxes are increased in return for reduced taxes later B) money can be invested that would ordinarily be paid in current income taxes C) tax rates in the future are guaranteed to be lower D) since tax policy varies, there may be no tax on retirement income in the future

Virtual teams reduce the cost of product development but are likely to increase the product development time

Indicate whether the statement is true or false