How Are Deferred Tax Liabilities and Assets Categorized on the Balance

question 107

Multiple Choice

How are deferred tax liabilities and assets categorized on the balance sheet?

• A)Capital and ordinary.
• B)Current and non-current.
• C)Domestic and foreign.
• D)Active, portfolio, and passive.
• E)Positive and negative.

---

Definitions:

Thrombus

A blood clot that forms in a vein or artery which can obstruct the flow of blood through the circulatory system.

Pressure Ulcer

Localized injury to the skin and/or underlying tissue, usually over a bony prominence, as a result of pressure or pressure in combination with shear and/or friction.

Paraplegic

Paraplegic refers to a person who has lost the ability to move or feel both legs and sometimes parts of the lower body, often due to spinal cord injury or disease.

Axillary Crutch

A type of mobility aid that helps support the body's weight while walking, fitting under the armpit and held by the hand.