What Best Describes the Results of an Increase in LPL

question 74

Multiple Choice

What best describes the results of an increase in LPL activity? ​

• A)Fat storage becomes more efficient.
• B)The cells are less likely to obtain energy from glucose.
• C)The liver increases production of triglycerides.
• D)The rate of weight loss is increased.

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Definitions:

Credit Carryforwards

Tax policy provisions allowing companies or individuals to use a net operating loss or tax credit from one fiscal period to reduce taxes in future periods.

Tax Losses

Financial losses that can be deducted from taxable income, ultimately reducing the amount of tax owed to the government.

Deferred Tax Liability

A tax obligation that arises from temporary differences between financial and tax reporting and is expected to be settled in future fiscal periods.

Consolidated SFP

Stands for Consolidated Statement of Financial Position, which is a financial report that aggregates the assets, liabilities, and equity of a parent company and its subsidiaries.