There Is No Recognition of a Deferred Tax Item in Respect

question 26

Multiple Choice

There is no recognition of a deferred tax item in respect to Goodwill because it is a residual amount and the recognition of a deferred tax item would:

• A) decrease the carrying amount of Goodwill;
• B) increase the carrying amount of Goodwill;
• C) decrease the profit on consolidation;
• D) increase the profit on consolidation.

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