A deferred tax asset would result if 1- a company recorded more warranty expense in 2016 than
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Question:
A deferred tax asset would result if
1- a company recorded more warranty expense in 2016 than cash paid in 2016 for warranty repairs.-
2- a company recorded more taxable depreciation in 2016 for an asset acquired in 2008.
3 - a company recorded a tax penalty in 2016 that it paid in 2017.
4 - a company recorded more interest revenue in 2016 than cash received in 2016 for interest.
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