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Question 10. According to IAS 12 Income Taxes, where the tax base of an asset exceeds its carrying amount in the statement of financial position,

Question 10. According to IAS 12 Income Taxes, where the tax base of an asset exceeds its carrying amount in the statement of financial position, what term describes the difference?

A taxable temporary difference

A deferred tax asset

A deductible temporary difference

A deferred tax liability

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