VB LtdProvided You with the Following Information: There Are No

question 91

Multiple Choice

VB Ltd.provided you with the following information: There are no temporary differences.The deferred income tax benefit of the loss carry forward was set up in 2015 as the probability of realization was greater than 50%.In 2016 it was determined that the probability of realization was less than 50%.What would be the carrying amount of the deferred income tax benefit-loss carry forward on the balance sheet at the end of 2016?

• A) $194,100
• B) $0
• C) $220,000
• D) $64,600

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Definitions:

Subprocesses

The distinct and smaller sequences of activities or steps that form part of a larger process or operation.

Business Interests

Investments, actions, or engagements in commercial activities for the purpose of generating profits or achieving economic gains.

United States

The United States is a country comprising 50 states, a federal district, five major self-governing territories, and various possessions, known for its significant influence on global politics, economy, and culture.

Structural Violence

A type of violence where people are harmed by social systems or institutions that block their access to fundamental necessities.