The Income Statement Approach to Measuring Income Tax Expense

The income statement approach to measuring income tax expense:

A) is required by FASB Statement No.109.
B) compares revenues and expenses recognized for book and tax purposes, eliminates permanent differences, and computes income tax expense based on book income before taxes excluding permanent differences.
C) computes income tax expense as a difference between the tax basis of an asset or a liability and its reported amount in the [balance sheet] that will result in taxable or deductible amounts in some future year(s) when the reported amounts of assets are recovered and the reported amounts of liabilities are settled.
D) is required by IAS 12.