Question: (3. Sometimes a temporary,F difference will produce future deductible amounts. Explain what is meant b},F future deductible amounts. Describe at least one situation that has

(3. Sometimes a temporary,F difference will produce future deductible amounts. Explain what is meant b},F future deductible amounts. Describe at least one situation that has this effect. How are future deductible amounts recognized in the financial statements? As between deferred tax assets and deferred tax liabilities, which would management prefer and why

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