Question
When tax rates are changed the full change in the amount of the deferred tax liability or asset is recognized as an increase or decrease
When tax rates are changed the full change in the amount of the deferred tax liability or asset is recognized as an increase or decrease in income tax expense in the year the:
Group of answer choices
tax law is enacted.
tax rate change is debated.
tax law becomes effective.
tax law is proposed.
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Fundamental Accounting Principles
Authors: John J Wild, Ken Shaw
25th Edition
1260247988, 978-1260247985
