Question: A deferred tax liability represents the: decrease in taxes saved in future years as a result of deductible temporary differences. increase in taxes payable in

A deferred tax liability represents the:

decrease in taxes saved in future years as a result of deductible temporary differences.

increase in taxes payable in future years as a result of taxable temporary differences.

decrease in taxes payable in future years as a result of taxable temporary differences.

increase in taxes saved in future years as a result of deductible temporary differences.

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