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Which of the following creates a deferred tax asset due to its respective treatment on the books versus the tax return? A. Revenues reported on
Which of the following creates a deferred tax asset due to its respective treatment on the books versus the tax return?
A. Revenues reported on the income statement now, but on tax return later.
B. None of the other options.
C. Revenues reported on the tax return now, but on income statement later.
D. Expenses reported on the income statement now, but on tax return later.
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