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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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