A Temporary Difference Arises Due To

question 15

Multiple Choice

A temporary difference arises due to:

• A) the timing difference between the end of the financial year and when the income tax payable is paid
• B) a difference between the amounts of the accounting expenses and the tax deductions of a company which will be reversed in future periods
• C) a difference between the amounts of the accounting expenses and the tax deductions of a company which will never be reversed
• D) a difference in the amount of the deferred tax assets and the deferred tax liabilities

---

Definitions:

Human Genome Project

An international scientific research project aimed at mapping and understanding all the genes of human beings, collectively known as the genome.

Polypeptide

Polymer of many amino acids linked by peptide bonds.

Nucleotides

Organic molecules that serve as the monomers, or subunits, of nucleic acids like DNA and RNA; composed of a nitrogenous base, a five-carbon sugar, and at least one phosphate group.

Nitrogenous Bases

Organic molecules that make up the building blocks of nucleic acids, such as DNA and RNA, including adenine, cytosine, guanine, thymine, and uracil.