Question: How does a change in the taxation rate affect the deferred tax estimate? A . The deferred tax estimate is updated because the balance due
How does a change in the taxation rate affect the deferred tax estimate?
A The deferred tax estimate is updated because the balance due to tax authorities changes.
B The deferred tax estimate is no longer applicable and is written off.
C The deferred tax estimate is adjusted only for future transactions, not for the opening balance.
D The deferred tax estimate stays the same, as it is calculated using historical rates.
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