Which of the following are temporary differences that are normally classified as expenses or losses that are deductible after they are recognized in financial income?

Which of the following are temporary differences that are normally classified as expenses or losses that are deductible after they are recognized in financial income?



a. Prepaid expenses that are deducted on the tax return in the period paid.
b. Product warranty liabilities.
c. Depreciable property.
d. Fines and expenses resulting from a violation of law.


Answer: Product warranty liabilities


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