Under which of the following income tax allocation orientations are only those deferred credits that can reasonably be expected to reverse in the foreseeable future recorded on the books?

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This approach is known as partial allocation, where only deferred credits that are expected to reverse in the foreseeable future are recorded on the books. This method takes a more conservative approach to income tax allocation and ensures that only amounts that are reasonably expected to be realized in the future are recognized. The other options listed (comprehensive allocation, net-of-tax method, and new form of equities method) do not specifically address the recognition of only foreseeable deferred tax credits.

Under Which of the Following Income Tax Allocation Orientations Are