please do it

Question 01: When should a deferred tax asset or liability be recognized? (150 words) Question 02: What instances give rise to a deferred tax asset?(150 words) Question 03: What rate should be used?(150 words) Question 04: Should the asset or liability be disclosed separately on the face of the balance sheet?(150 words) Question 05: Are there circumstances where timing differences should not be recognized? (150 words)