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8. Which of the following scenario creates a deferred tax asset? A. Tax basis is greater than book basis for an asset and book basis

8. Which of the following scenario creates a deferred tax asset?

A. Tax basis is greater than book basis for an asset and book basis is greater than tax basis for a lability.

B. Tax basis is less than book basis for an asset and book basis is less than tax basis for a lability.

C. Tax basis is less than book basis for an asset and book basis is greater than tax basis for a lability.

D. Tax basis is greater than book basis for an asset and book basis is less than tax basis for a lability.

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