Future deductible amounts will cause
a. a decrease in pretax financial income in future years
b. the recording of a deferred tax asset
c. taxable income to be more than pretax financial income in the future
d. the recording of a deferred tax liability
Ans: b. the recording of a deferred tax asset
Business
You might also like to view...
Which two of the following have reliable guidelines for documenting sources in a business report
What will be an ideal response?
Business
The employees must know about the _____ of the business as well as how key ____________ activities in the organization are related to one another.
Fill in the blank(s) with the appropriate word(s).
Business