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Due to an increase in the enacted tax rate effective for the following year, a company with a net deferred tax asset balance will recognize

Due to an increase in the enacted tax rate effective for the following year, a company with a net deferred tax asset balance will recognize

A.

A decrease in income tax expense in the current year

B.

An increase in income tax expense in the current year

C.

No change to income tax expense in the current year

D.

A decrease in income tax expense in the following year

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