Question: For classification purposes, a valuation allowance is: allocated proportionately between the current and noncurrent portions of the deferred tax asset. contra to the deferred tax

For classification purposes, a valuation allowance is:
allocated proportionately between the current and noncurrent portions of the deferred tax asset.
contra to the deferred tax asset and classified as noncurrent.
allocated proportionately between deferred tax assets and deferred tax liabilities.
added to the deferred tax asset and classified as current.
For classification purposes, a valuation

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