In Any Given Accounting Period, the Amount a Firm Reports

In any given accounting period, the amount a firm reports as income before income taxes for financial reporting in comparison to the amount of taxable income that appears on its income tax return may differ due to temporary differences.The temporary differences may create a deferred tax asset due to

A) providing for estimated warranty costs in the year a firm sells the warranted product but claiming a tax deduction later, when the firm makes actual expenditures for warranty repairs.
B) reporting bad debt expense in the year a firm makes a credit sale, but claiming a tax deduction later, when the firm writes off specific uncollectible accounts.
C) interest revenue on municipal bonds.
D) choices a and b.
E) choices a, b, and c.