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An originating temporary difference results when: The tax basis of an asset or liability is different from its reported financial statement amount in the current

An originating temporary difference results when:

The tax basis of an asset or liability is different from its reported financial statement amount in the current period, and will reverse in future periods.

The tax basis of an asset or liability is the same as its reported financial statement amount.

The tax basis of an asset or liability is different from its reported financial statement amount in the current period and will not reverse in the future.

None of the above.

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