Question: Question 2 A deferred tax liability represents the A- increase in taxes saved in future years as a result of deductible temporary differences B- decrease

Question 2

A deferred tax liability represents the

A- increase in taxes saved in future years as a result of deductible temporary differences

B- decrease in taxes saved in future years as a result of deductible temporary differences

C- increase in taxes payable in future years as a result of taxable temporary differences

D- none of the above

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