Question: 2) Which of the following differences would result in future taxable amounts? Please provide explaination for each of the choice below. a. Expenses or losses

2) Which of the following differences would result in future taxable amounts? Please provide explaination for each of the choice below. a. Expenses or losses that are tax deductible after they are recognized in financial income. b. Revenues or gains that are taxable before they are recognized in financial income. c. Revenues or gains that are recognized in financial income but are never included in taxable income. d. Expenses or losses that are tax deductible before they are recognized in financial income.

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