Deferred Tax Amounts Must Be Revalued Whenever Substantially Enacted Tax

question 98

True/False

Deferred tax amounts must be revalued whenever substantially enacted tax rates change.

---

Definitions:

Nightmares

Disturbing dreams that cause the dreamer to wake up feeling anxious and frightened.

Tantrums

Emotional outbursts, typically seen in children, that are often characterized by crying, screaming, and sometimes physical behaviors like kicking or hitting.

Conduct Disorder

Disorder marked by persistent breaking of the rules and violations of the rights of others.

Attention-Deficit Disorder

A neurodevelopmental disorder characterized by difficulty in maintaining attention, excessive activity, and impulsivity.