Question: Multiple Choice Question On a consolidated tax return, the recognition of intra - entity gains for tax purposes creates a deferred tax liability for in

Multiple Choice Question
On a consolidated tax return, the recognition of intra-entity gains for tax purposes
creates a deferred tax liability for in the consolidated balance sheet.
occurs in a different period than recognition for consolidated financial reporting.
occurs in the period of the intra-entity transfer.
is deferred until the transferred asset leaves the consolidated group.
Multiple Choice Question On a consolidated tax return, the recognition of

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