d. either current or expected future tax laws
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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d. either current or expected future tax laws

Transcribed Image Text:A deferred tax liability uses
O A. The current tax laws, regardless of expected or enacted future tax laws
O B. Expected future tax laws, regardless of whether those expected laws have been
enacted
O c. Current tax laws, unless enacted future tax laws are different
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