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Basic Question 17 of 20
An analyst should classify a deferred tax liability as ______ if the liability is expected to reverse with subsequent tax payment.
A. an asset
B. a liability
C. equity
User Contributed Comments 3
| User | Comment |
|---|---|
| Shaan23 | Thank god. Worst section I've had soo far. |
| farhan92 | got to love how the last questions are always easy..kinda makes you think you've mastered the section! |
| kingirm | To classify a liability as a liability ... haha))) |
Thanks again for your wonderful site ... it definitely made the difference.
Craig Baugh
Learning Outcome Statements
explain how deferred tax liabilities and assets are created and the factors that determine how a company's deferred tax liabilities and assets should be treated for the purposes of financial analysis
CFA® 2024 Level I Curriculum, Volume 3, Module 9.