Which of the Following Would Result in a Deferred Tax

question 3

Multiple Choice

Which of the following would result in a deferred tax asset?

• A)Warranty provision.
• B)Point of sale revenue recognition for the books, and cost recovery method of revenue recognition for tax.
• C)Rent received in advance.
• D)Using straight-line depreciation for the books and accelerated depreciation for tax.

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Definitions:

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