Question:Which of the following statements is NOT a criticism of the accounting for deferred income taxes? 

A Payment of deferred taxes may be deferred indefinitely. 
B The amount on the Balance Sheet for deferred income taxes is not an obligation. 
C Deferred taxes result in the effective tax rate being different from the statutory tax rate. 
D The amount on the Balance Sheet for deferred income taxes is an undiscounted amount. 

+ Answer
D 

+ Explanation
Answer not sure

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Md. Habib Ullah

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