What are the two exceptions to the recognition of deferred tax liabilities for all taxable temporary differences?
A) The initial recognition of an asset which affects neither profit or loss and is not a business combination; the initial recognition of an asset which has been inherited
B) The initial recognition of goodwill; the initial recognition of an asset which is required for response to an emergency
C) The initial recognition of an asset which is required as a response to an emergency; the initial recognition of an asset which affects neither profit or loss and is not a business combination
D) The initial recognition of goodwill; the initial recognition of an asset which affects neither profit nor loss and is not a business combination.
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Q1: The amount of tax charged against the
Q2: When all assets are accounted for together,the
Q3: Which tax rate should be used to
Q4: How is the amount to be
Q5: IAS 12 has remained unchanged since its
Q6: Is there a difference between the tax
Q7: The amount of tax payable by a
Q8: Taxes payable is a better measure of
Q9: Which presumption does IAS 12 make about
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