Which statement is false?\ Time Running:\ Attempt due: Feb 1\ Temporary differences causing the recognition of deferred taxes may arise from the methods used to account for items such as depreciation, installment sales, leases, and pensions.\ Deferred taxes arise from the use of the same method of depreciation for tax and reporting purposes.\ Deferred taxes are the product of temporary differences in the recognition of revenue andexpense for taxable income relative to reported income.\ Deferred taxes arise when taxes actually paid are less than tax expense reported in the financial statements.

Which statement is false? Temporary differences causing the recognition of deferred taxes may arise from the methods used to account for items such as depreciation, installment sales, leases, and pensions. Deferred taxes arise from the use of the same method of depreciation for tax and reporting purposes. Deferred taxes are the product of temporary differences in the recognition of revenue and foxpense for table income relative to reported income. Deferred taxes arise when taxes actually paid are less than tax expense reported in the financial statements