Which of the Following Is a Characteristic of Deferred Income

question 64

Multiple Choice

Which of the following is a characteristic of deferred income tax payable?

• A)Deferred income tax payable is often generated due to timing differences.
• B)Deferred income tax payable may be either a current or long-term liability.
• C)Deferred income tax payable represents the deferred payment of taxes to later years through tax planning techniques.
• D)All of these are characteristics of deferred income tax payable.

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Definitions:

Pregnancy

The condition or period of being pregnant, involving the development of one or more offspring inside a woman's uterus.

Small-For-Gestational-Age

Refers to babies who are born weighing less than the norm for their gestational age.

Learning Delays

Developmental delays where an individual takes longer than peers to develop skills or knowledge, often seen in educational contexts.

Age-Mates

Individuals who are of approximately the same age, often sharing similar experiences, interests, and developmental stages.