Weaver Company Had a Net Deferred Tax Liability of $34,408

question 49

Multiple Choice

Weaver Company had a net deferred tax liability of $34,408 at the beginning of the year, representing a net taxable temporary difference of $101,200 (taxed at 34 percent) . During the year, Weaver reported pretax book income of $404,800. Included in the computation were unfavorable temporary differences of $51,200 and favorable temporary differences of $22,400. At the beginning of the year, Congress reduced the corporate tax rate to 21 percent. Weaver's deferred income tax expense or benefit for the current year would be:

• A)Net deferred tax benefit of $6,048.
• B)Net deferred tax expense of $6,048.
• C)Net deferred tax benefit of $19,204.
• D)Net deferred tax expense of $19,204.

---

Definitions:

Reinforcement Schedules

In operant conditioning, the rule that is used to determine when and how frequently an action should be reinforced.

Positive Reinforcement

A technique used in behavior modification that increases the likelihood of a behavior by associating it with a positive outcome or reward.

Negative Reinforcement

A behavioral principle where a response is strengthened by the removal or avoidance of an unpleasant stimulus.

Desired Response

The specific reaction or outcome that is aimed for or anticipated in a particular situation, experiment, or communication.