Which of the Following Temporary Differences Creates a Current Deferred

question 56

Multiple Choice

Which of the following temporary differences creates a current deferred tax liability?

• A) Accumulated depreciation on a building
• B) Accumulated amortization on a customer list (intangible with a five-year life)
• C) Unearned revenue expected to be collected in the next 12 months
• D)Deferred compensation expected to be paid in the next 12 months