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The greatest disadvantage of employee use of their own devices is the risk of infection.
Temporary Differences
Differences between taxable income and accounting income that are only for a limited period and will reverse in the future.
Depreciable Assets
Assets subject to depreciation, which entails allocating the cost of tangible assets over their useful lives to account for wear and tear.
Deferred Tax Liability Balance
An accounting term for taxes that are owed but not yet paid, a result of temporary differences between the tax basis of assets or liabilities and their carrying amount in the financial statements.
IFRS Deferred Tax Assets
Assets recognized in financial statements under International Financial Reporting Standards (IFRS) due to temporary differences that will result in deductible amounts in the future.
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