Question: In 2020 a decrease was enacted to the tax rate effective for the following year, a company with a net deferred tax liability balance will

In 2020 a decrease was enacted to the tax rate effective for the following year, a company with a net deferred tax liability balance will recognize

A.

A decrease in income tax expense in 2020.
B.

An increase in income tax expense in 2020.
C.

No change to income tax expense in 2020.
D.

A decrease in income tax expense in 2021.

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