Under IFRS
A) "probable" is defined as a level of likelihood of at least slightly more than 60%.
B) a company should reduce a deferred tax asset when it's likely that some or all of it will not be recognized.
C) a company considers only positive evidence when determining whether to recognize a deferred tax asset.
D) deferred tax assets must be evaluated at the end of each accounting period.
Correct Answer:
Verified
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