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Which of the following statements is true? Group of answer choices A deferred tax asset results from a deductible temporary difference or a permanent book
Which of the following statements is true?
Group of answer choices
A deferred tax asset results from a deductible temporary difference or a permanent booktax difference.
A deferred tax asset results from a deductible temporary difference or a favorable booktax difference.
A deferred tax liability results from a taxable temporary difference or a favorable booktax difference.
A deferred tax liability results from a taxable temporary difference or an unfavorable booktax difference.
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