TB MC Qu$.16-65($Static$)$ For classification purposes, a$...$

For classification purposes, a valuation allowance is:

Multiple Choice

allocated proportionately between deferred tax assets and deferred tax liabilities.

allocated proportionately between the current and noncurrent portions of the deferred tax asset.

added to the deferred tax asset and classified as current.

contra to the deferred tax asset and classified as noncurrent