Most deferred tax llabilities (OTLs) and deferred tax assets (DTAS) are created and increased (decreased) by temporary book tax differences. As illustrated in my recorded lecture, the depreciation book/tax difference (a temporary difference) created a DTL and then when the book/tax difference reversed, it decreased the DTL. Which of the following would be an example of an item that is NOT a temporary book/tax difference that would increase a DTA? Multiple Choice Net operating loss carryforward Tax exempt income Meals and entertainment Bad debt expense