Deferred Taxes Should Be Presented on the Statement of Financial

question 58

Multiple Choice

Deferred taxes should be presented on the statement of financial position

• A)as one net debit or credit amount.
• B)as a net amount in the non-current section.
• C)in two amounts: one for the net debit amount and one for the net credit amount.
• D)as reductions of the related asset or liability accounts.

---

Definitions:

Clinical Psychologists

Clinical psychologists are professionals who specialize in diagnosing and treating mental, emotional, and behavioral disorders through psychological techniques and therapies.

Licensed

Officially permitted to practice or conduct a particular activity, often by having met specific qualifications or standards.

Cognitive Psychologist

A specialist in psychology who studies mental processes such as perception, memory, thought, and problem-solving.

Play Behaviour

The range of activities performed for self-amusement that are often exploratory, expressive, and imaginative, particularly in children.