A Deferred Income Tax Asset Is Created When the Difference

question 17

Multiple Choice

A deferred income tax asset is created when the difference will result in

• A)higher income tax payable in the future.
• B)no income tax payable in the future.
• C)lower income tax payable in the future.
• D)none of the above.

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Definitions:

Illegal Immigration

The act of moving to another country without legal permission or overstaying a visa.

Construction Workers

Individuals engaged in the physical construction of buildings, roads, and other infrastructure projects.

Illegal Immigrants

People who enter or reside in a country without the proper authorization from its government.

Negative Impact

Consequences or outcomes that result in a detrimental effect on people, entities, or the environment.