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In the case where a litigation liability will be deductible in the future, multiplying the cumulative deductible temporary difference by the tax rate will yield

In the case where a litigation liability will be deductible in the future, multiplying the cumulative deductible temporary difference by the tax rate will yield Select answer from the options below the tax base of the litigation liability. a deferred tax asset. the book base of the litigation liability. a permanent difference.

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