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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)))
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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.