Which of the Following Usually Results in an Increase in a Deferred

question 149

Multiple Choice

Which of the following usually results in an increase in a deferred tax liability?

• A) Accrual of estimated operating expenses.
• B) Revenue collected in advance.
• C) Prepaid operating expenses, currently deductible.
• D) All of these answer choices are correct.

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Definitions:

Psychotherapy

The treatment of mental disorder or emotional challenges by psychological means rather than medical, often involving talking therapies with a trained professional.

Mild Disorders

Refers to psychological or psychiatric conditions that are present but not severe enough to significantly interfere with an individual’s daily functioning.

Couples Therapy

A form of psychotherapy aimed at resolving relationship issues and improving communication between partners.

Success Rate

The proportion or percentage of attempts that are successful in achieving a specified goal.