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Basic Question 14 of 15

A decrease in income tax rates will ______

I. decrease deferred tax liabilities.
II. decrease deferred tax assets.
III. increase deferred tax liabilities.
IV. increase deferred tax assets.

User Contributed Comments 2

User Comment
farhan92 finally got one right :(
leeboy Yep. See you next semester
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You have a wonderful website and definitely should take some credit for your members' outstanding grades.
Colin Sampaleanu

Colin Sampaleanu

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.