Question: A deductible temporary difference is expected to lead to the payment of: a. less tax in the future and gives rise to a deferred tax

A deductible temporary difference is expected to lead to the payment of:

a.

less tax in the future and gives rise to a deferred tax asset.

b.

more tax in the future and gives rise to a deferred tax liability.

c.

less tax in the future and gives rise to a deferred tax liability.

d.

more tax in the future and gives rise to a deferred tax asset.

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