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Determine whether the following claim is best classified as semantically ambiguous (and whether this contains grouping ambiguities), syntactically ambiguous, or free from ambiguity: Laughter was heard at Grace Cathedral last week when it was announced that next week would be the blessing of the animals followed by a barbeque.
Deferred Tax Asset
A tax amount that is paid or carried forward, representing future tax savings due to overpayment or advance payment of taxes, or due to allowable temporary differences.
Valuation Allowance
An allowance made against deferred tax assets that are not expected to be realized in full or in part.
Future Benefits
The expected gains or returns from an investment or policy, often used in evaluating its worth.
Accrued Product Warranty
A liability representing the estimated costs of fulfilling product warranty obligations.
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