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

question 123

Multiple Choice

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

• A)Accelerated depreciation for tax reporting and straight-line depreciation for financial reporting.
• B)Prepaid insurance.
• C)Subscriptions delivered for which customers had paid in advance.
• D)None of the above is correct.

---

Definitions:

Education

The process of facilitating learning, or the acquisition of knowledge, skills, values, beliefs, and habits through various methods such as teaching, training, research, or personal development.

Productivity

The measure of the efficiency of a person, machine, factory, system, etc., in converting inputs into useful outputs.

Potential Employers

Businesses or individuals that might hire workers, offering employment opportunities within the labor market.

Superstar Phenomenon

A market situation where the best performers or highest-quality products earn disproportionately high rewards compared to competitors, often observed in industries like entertainment and sports.