CFA Practice Question

There are 520 practice questions for this study session.

CFA Practice Question

A temporary difference, once originated, will result in either taxable or deductible amounts in future years when the difference reverses. True or False?
Correct Answer: True

User Contributed Comments 3

User Comment
johntan1979 Incur more expenses in future or pay more taxes in future = taxable TD
schweitzdm I am a big fan of your comments, johntan1979
khalifa92 thanks
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