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The short cut method should ideally only be used when: Multiple Choice There is no change in the deferred tax balances. There is no change
The short cut method should ideally only be used when:
Multiple Choice
There is no change in the deferred tax balances.
There is no change in the tax rates from the previous year
Taxes payable method is being used
Deferred tax liabilities are less than deferred tax assets.
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