LO.5 Indicate whether the following temporary differences produce current or noncurrent deferred tax assets or deferred tax liabilities (considered independently).

a. Tax depreciation in excess of book depreciation.

b. Book depreciation in excess of tax depreciation.

c. Increase in the allowance for doubtful accounts.

d. Deduction for legal expenses expected to be incurred to settle a lawsuit.

e. A current-year NOL.