4.A Ltd a product warranty liability of R 15000, which is not tax deductible. The company has

• A. deductible amount of 0
• B. deductible temporary difference of R 15000
• C. Tax base of R 15000
• D. taxable temporary difference of R 15000

5.If Accrued wages is not taken into account at the end of the accounting period, expensesand liabilities are overstated and profit understated.

• Select one:
• True
• False

6.A non-current asset that is not deductible will have no future deductions and will start with a tax base of Nil.

• Select one:
• True
• False