Question: Under IFRS, deferred tax assets:A ) are not recognized.B ) require a valuation allowance if its more likely than not that the deferred tax asset
Under IFRS, deferred tax assets:A are not recognized.B require a valuation allowance if its more likely than not that the deferred tax asset will not be realized.C are recognized only to the extent it is deemed probable that they will be realized.D are reported as current or noncurrent based on the expected date of the reversal of the temporary difference.
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