Which of the following is a true statement? Select ALL that apply.The total tax recognized on an income statement is cash taxes less deferred taxes.MI Deferred taxes arise from differences in accounting between GAP$/$IFRS and Tax accounting.Governments will offer special concessions to incentivize a company to invest, and these concessions may give rise to deferred taxes.Deferred taxes are cash taxes in the period in which the deferred taxes are recognized.