Which of the following temporary differences creates a deferred tax liability?

rev: 06_11_2019_QC_CS-170612

Multiple Choice

• Accumulated tax depreciation in excess of book depreciation on a building.

• Accumulated tax amortization in excess of book amortization on a customer list.

• Compensation expensed for book purposes but deferred for tax purposes.

• Both accumulated tax depreciation in excess of book depreciation on a building and accumulated tax amortization in excess of book amortization on a customer list create a deferred tax liability.