Using IFRS, IAS 12 guidelines allow for all of the following EXCEPT
a) the choice of using either the taxes payable method or the future income taxes method.
b) the use of the temporary difference approach.
c) it does not use a valuation account.
d) it permits the use of a deferred tax asset account to the extent that it is probable that it will be realized.

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The Answer of Using IFRS, IAS 12 guidelines allow for all of the following EXCEPT
a) the choice of using either the taxes payable method or the future income taxes method.
b) the use of the temporary difference approach.
c) it does not use a valuation account.
d) it permits the use of a deferred tax asset account to the extent that it is probable that it will be realized.

Using IFRS, IAS 12 Guidelines Allow for All of the Following