When accounting standards require an asset to be expensed, Accounting Basics

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When accounting standards require an asset to be expensed

When accounting standards require an asset to be expensed immediately but tax rules require the item to be capitalized and amortized, the company will most likely record:
A. a deferred tax asset.
B. a deferred tax liability.
C. no deferred tax asset or liability.

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Accounting Basics: When accounting standards require an asset to be expensed

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