Under AASB 112 Incomes Taxes, Deferred Tax Assets and Liabilities

question 1

Multiple Choice

Under AASB 112 Incomes Taxes, deferred tax assets and liabilities are measured at the tax rates that:

• A) applied at the beginning of the reporting period
• B) at the end of the reporting period
• C) at the rates that prevail at the reporting date
• D) are expected to apply when the asset is realised or the liability is settled.

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