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The tax base of a liability is its carrying amount on the SFP Question 29Select one: a. reduced by any amount that will be deductible

The tax base of a liability is its carrying amount on the SFP

Question 29Select one:

a.

reduced by any amount that will be deductible for tax purposes in future periods.

b.

less any amount that will not be taxable in the future.

c.

increased by any amount that will be deductible for tax purposes in future periods.

d.

plus any amount that will not be taxable in the future.

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