Which of the Following Book-Tax Basis Differences Results in a Deductible

question 91

Multiple Choice

Which of the following book-tax basis differences results in a deductible temporary difference?

• A) Book basis of an employee post-retirement benefits liability exceeds its tax basis.
• B) Book basis of a building exceeds the tax basis of the building.
• C) Book basis of an acquired intangible exceeds the tax basis of the intangible.
• D) Tax basis of a prepaid liability exceeds the book basis of the liability.

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