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60 Which of the following assumption will most likely reduce pension expense? oa a higher discount rate. Ob a higher compensation growth rate. a lower

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60 Which of the following assumption will most likely reduce pension expense? oa a higher discount rate. Ob a higher compensation growth rate. a lower expected return on pension assets Previous page 54 55 56 57 58 Next page In 2019, Vulpix Inc. recognized a provision for warranty liabilities expected to be performed next year in the amount of $780,00 Far tax return purposes, warranty expenses are not deductible until they are actually incurred. The tax base related to the warranty tatility is closest to: a $0 Ob $390,000 OC$780,000 Previous page 55 56 57 58 50 Nust page SO Farrow Co. recognized $1 million expenses; however, such expenses need to be written-aff over 2 years for tax purposes. This will most likely result in: OB A deferred tax asset A deforred tax liability OcNeither a deforred tax asset nor a deferred tax liability 58 50 10 Next Previous page 56 57

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