One Reason That a Company Might Report a Deferred Tax

question 44

True/False

One reason that a company might report a deferred tax liability is because it owns stock in another company that has increased in value.

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Definitions:

Satellite TV

A television system that delivers programming to viewers by broadcasting from a communications satellite orbiting the Earth directly to the viewer's location.

Stock Market

This term refers to the aggregation of buyers and sellers of stocks, which represent ownership claims on businesses, including securities listed on public stock exchanges.

Broker

An individual or firm that acts as an intermediary between buyers and sellers, typically for a commission or fee.

Management

The process of planning, organizing, leading, and controlling resources to achieve specific goals within an organization.