ABC Limited Has an Asset with a Carrying Value of €50

question 5

Multiple Choice

ABC Limited has an asset with a carrying value of €50 000. The tax base of this asset is €40 000. The tax rate is 30%. As a result, which of the following deferred tax items does Roland Limited have?

• A) A deferred tax asset of €10 000;
• B) A deferred tax liability of €3000;
• C) A deferred tax liability of €10 000;
• D) A deferred tax asset of €3000.

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Definitions:

Sensory Systems

The parts of the nervous system involved in the acquisition, processing, and interpretation of sensory information.

Subliminal Stimulation

Refers to the exposure to stimuli below the threshold of conscious awareness, which can subtly influence thoughts, feelings, or actions.

Flashing Red Lights

Signals often used in traffic systems or emergency warnings indicating a need for caution or to stop.

Weight-Reduction

The process of losing body weight, typically through diet, exercise, or a combination of both.