4. Is a deferred income tax liability typically recognized by a combinor/parent company for: Differences between Current

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4. Is a deferred income tax liability typically recognized by a combinor/parent company for:

Differences between Current Fair Values and Carrying Amounts of Undistributed Earnings of a the Identifiable Net Assets 65%-Owned Domestic of a Subsidiary? Subsidiary?

a. Yes Yes

b. Yes No

c. No Yes

d. No No

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