4 points Save Ansvw Deferred Taxes are referred to as the difference between Tax Payable and Tax Expense. Per US GAAP, f we have s4 million of Deferred Tax Asset (Current) and S2 million of Deferred Tax Liability (Current) and S1 million of Deferred Tax Liability (Noncurrent), on the face of the financial statement, we can record them as follows a, $4 million of Deferred Tax Asset (Current) and $2 million of Deferred Tax Liability (Current) and $1 million of Deferred Tax Liability (Noncurrent) b. $2 million of Deferred Tax Asset (Current) and SI million of Deferred Tax Liability (Noncurrent) c. $I mission of Deferred Tax Asset (Current)