Deferred Tax Accounting Adjustments Are Recorded at What Point in Time

question 11

Multiple Choice

Deferred tax accounting adjustments are recorded at what point in time?

• A) As each transaction arises or is incurred
• B) As the cash flows from each transaction occur
• C) At the end of each month
• D) At balance date

---

Definitions:

Fault Strength

A measure of how resistant a fault is to movement or slip under tectonic stresses.

Stress Decreases

Refers to the reduction in the force per unit area exerted on a material or structure.

Stress Consistently

implies the continuous application or presence of force on an object or material over a period of time.

Seismic Waves

Waves of energy that travel through the Earth's layers, produced by earthquakes or other earth movements, used to study the interior of the Earth.