Which of the following statements regarding the disclosure of deferred tax is NOT CORRECT?

a. The deferred tax charge for the year must be disclosed in the statements of profit or loss.

b. Deferred tax balances must be disclosed as non-current in the statement of financial position.

c. A statement of financial position may include both deferred tax asset and deferred tax liability.

d. The amount of deductible temporary differences that are not recognized as a deferred tax asset must be disclosed in the notes to the accounts