Assume Both Current and Deferred Taxes Are Positive Values

question 49

Multiple Choice

Assume both current and deferred taxes are positive values.Given this,deferred taxes will

• A)reduce the current tax expense and thus increase net income.
• B)increase expenses and increase operating cash flows.
• C)increase expenses and lower operating cash flows.
• D)reduce net income but not affect the operating cash flows.
• E)reduce both net income and operating cash flows.

---

Definitions:

Mechanization

The process of replacing manual labor with machines, often leading to higher efficiency and productivity in various industries.

Factory Production

The process of manufacturing goods in large quantities using machines in a factory.

World War II

A global conflict that lasted from 1939 to 1945, involving most of the world's nations, including all of the great powers, eventually forming two opposing military alliances: the Allies and the Axis.

Feminist Movement

A series of political campaigns for reforms on issues such as reproductive rights, domestic violence, maternity leave, equal pay, women's suffrage, and sexual harassment.