8.A deductible temporary difference will lead to the payment of more tax in the future and gives rise to a deferred tax liability.

• Select
• True
• False

9. B Ltd produced a profit before Tax of R 600 00. Included in profit before tax figure are the following items: Dividend income of R 250 000 and fines of R 100 000 the tax rate is 28% and there were no temporary differences note. The current tax would be

• A. R 84 000
• B. R 168 000
• C. R 238 000
• D. R 126 000

10. Deferred tax liability arising from temporary differences will not be recognized for Goodwill

• Select One:
• True
• False