Companies are required to disclose details about individual temporary differences that give rise to the deferred tax asset and deferred tax liability balances on the balance sheet.

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This is true as per the accounting standards. Companies are required to disclose information about significant temporary differences that give rise to the deferred tax asset and deferred tax liability balances on their financial statements. This helps investors and other stakeholders to understand the tax implications of the company's operations and how they affect its financial position.

Companies Are Required to Disclose Details About Individual Temporary Differences