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time sensitive, just need answer quickly please/thanks Question 1 Which of the following is true for US firms? Temporary differences that create future deductible amounts

time sensitive, just need answer quickly please/thanks

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Question 1 Which of the following is true for US firms? Temporary differences that create future deductible amounts result in deferred tax assets. Temporary differences that create future taxable amounts result in deferred tax liabilities. All of the above None of the above

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