8. Uncertain tax positions

I. Are positions for which the tax authorities may disallow a deduction in whole or

in part.

II. Include instances in which the tax law is clear and in which the company believes

an audit is likely.

III. Give rise to tax expense by increasing payables or increasing a deferred

tax liability.

a. I, II, and III.

b. I and III only.

c. II only.

d. I only.