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    Exam 5: The Statement of Cash Flows
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    A Temporary Difference That Is Deductible in Future Years Is
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A Temporary Difference That Is Deductible in Future Years Is

Question 77

Question 77

Multiple Choice

A temporary difference that is deductible in future years is called:


A) A deferred tax liability
B) A deferred tax asset
C) A permanent tax asset
D) A permanent tax liability

Correct Answer:

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