1 The consolidated amount of current and deferred tax expense or benefit for a group that files a consolidated tax return should be allocated among the members of the group when those members issue separate financial statements. Which of the following methods of allocating the tax expense is acceptable under Topic 740? a A method that allocates all current taxes payable to a single member of the group A method that allocates current and deferred taxes to b members of the group by applying Topic 740 to each C d member as if it were a separate taxpayer A method that allocates deferred taxes to a member of the group using the deferred method A method that allocates no current or deferred tax expense to a member of the group that has taxable income because the consolidated group has no current or deferred tax expense