In a period in which a taxable temporary difference reverses, the reversal will cause taxable income to be

accounting income.

In a period in which a deductible temporary difference reverses, the reversal will cause taxable income to be accounting income.

If a $\backslash$$$56,800$ balance in the Deferred Tax Asset account were calculated using a $25\backslash \%$ rate, the underlying temporary difference would amount to $\backslash$$

Deferred taxes recorded to account for permanent differences.

If a taxable temporary difference originates in $2023,$ it causes taxable income of $2023$ to be accounting income for $2023.$

If total income tax expense is $\backslash (\backslash$$ $49,900\backslash )$ and deferred tax expense is $\backslash (\backslash$$ $65,000\backslash ),$ then the current portion of the total income tax expense is referred to as a current tax of $\backslash (\backslash$$ $\backslash )$

An increase in the Deferred Tax Liability account on the SFP is recorded by a to the Deferred Tax Expense account.

An income statement that reports current tax expense of $\backslash (\backslash$$ $71,400\backslash )$ and a deferred tax benefit of $\backslash (\backslash$$ $23,900\backslash )$ will report total income tax expense of $\backslash (\backslash$$ $\backslash )$

Under ASPE, a valuation account may be used whenever it is judged to be more likely than not that a portion of a deferred tax asset

realized.

If the tax return shows total income taxes due for the period of $\backslash (\backslash$$ $61,000\backslash )$ but the income statement shows total income tax expense of $\backslash (\backslash$$ $52,500\backslash ),$ the difference of $\backslash (\backslash$$ $8,500\backslash )$ is referred to as a deferred tax

If a company's income tax rate increases, the effect will be to

the amount of a deferred tax liability and the amount of a deferred tax asset.

The difference between the tax base of an asset or liability and its carrying amount is called a difference. Differences between accounting income and taxable income that will reverse in the future are called differen