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  1. business
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  3. a deferred tax liability can arise if accounting

A deferred tax liability can arise if Accounting revenues are less than tax revenues...

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Accounting

A deferred tax liability can arise if

  1. Accounting revenues are less than tax revenues
  2. Accounting expenses exceed tax expenses
  3. Both of the above
  4. Neither of the above
  1. A deferred tax asset can arise if
  1. Accounting revenues are less than tax revenues
  2. Accounting expenses are more than tax expenses
  3. Both of the above
  4. Neither of the above

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