Question: A deferred tax liability is computed using a. The current tax laws, regardless of expected or enacted future tax laws. b. Expected future tax laws,

A deferred tax liability is computed using

a. The current tax laws, regardless of expected or enacted future tax laws.

b. Expected future tax laws, regardless of whether those expected laws have been enacted.

c. Current tax laws, unless enacted future tax laws are different.

d. Either current or expected future tax laws, regardless of whether those expected laws have been enacted.

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