Question 8

Equipment was purchased at the start of the year. Depreciation recognized throughout the useful life of the equipment could result in

Taxable Temporary Differences - No / Deductible Temporary Differences - No

Taxable Temporary Differences - No / Deductible Temporary Differences - Yes

Taxable Temporary Differences - Yes / Deductible Temporary Differences - Yes

Taxable Temporary Differences - Yes / Deductible Temporary Differences - No