Of the Following Temporary Differences, Which One Ordinarily Creates a Deferred

question 43

Multiple Choice

Of the following temporary differences, which one ordinarily creates a deferred tax asset?

• A)completed-contract method for long-term construction contracts.
• B)installment sales.
• C)accrued warranty expense.
• D)depreciation.

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Definitions:

Personal Communication Network

A system or network facilitating communication between individuals, typically through telephones or the internet.

New Media

Digital forms of communication, including the internet, social media, and mobile apps, that have emerged in the late 20th and early 21st centuries.

Communicator's Context

The environment and circumstances surrounding the sender of a message, which can affect the meaning and reception of communication.

Act Of Communication

The process of conveying information or expressing thoughts and feelings from one entity to another through various forms and channels.