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Under U.S. GAAP, when a firm determines that all or a portion of a deferred tax asset is not realizable, they will use a valuation
Under U.S. GAAP, when a firm determines that all or a portion of a deferred tax asset is not realizable, they will use a valuation allowance to reduce the balance.
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Principles Of Auditing And Other Assurance Services
Authors: Ray Whittington, Kurt Pany
13th Edition
007232726X, 9780072327267
