Question: What is a deferred tax liability? a . An increase in taxes payable in future years due to taxable temporary differences b . A decrease

What is a deferred tax liability?
a. An increase in taxes payable in future years due to taxable temporary differences
b. A decrease in taxes payable in future years due to deductible temporary differences
c. An increase in taxes payable in the current year due to taxable temporary differences
d. A decrease in taxes payable in the current year due to deductible temporary differences

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