Question: Problem 6 - 7 4 ( LO 6 - 5 ) ( Static ) Which of the following temporary differences creates a deferred tax asset?

Problem 6-74(LO 6-5)(Static)
Which of the following temporary differences creates a deferred tax asset?
Multiple Choice
Allowance for bad debts
Goodwill amortization for tax, but not book, purposes
Cumulative excess of tax over book depreciation
Inventory capitalization under 263A
Both allowance for bad debts and inventory capitalization under 263A, create a deferred tax asset

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