Question: A taxable temporary difference is one that will result in: Select one: O a. taxable amounts in determining taxable profits/tax loss of the current reporting

A taxable temporary difference is one that will result in: Select one: O a. taxable amounts in determining taxable profits/tax loss of the current reporting period when the asset or liability is recovered or settled. O b. taxable amounts in determining taxable profits/tax loss of future reporting periods when the carrying amount of the asset or liability is recovered or settled C. amounts that are deductible in determining taxable profit/ tax loss of future reporting periods when the carrying amount of the asset or liability is recovered or settled. Od. amounts that are deductible in determining taxable profit/ tax loss of the current reporting period when the asset or liability is recovered or settled
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