Under IAS 1,Presentation of Financial Statements,how Must Deferred Taxes Be

Multiple Choice

Under IAS 1,Presentation of Financial Statements,how must deferred taxes be classified on the balance sheet?

A) as either a current asset or a current liability
B) as always a noncurrent asset or a noncurrent liability
C) as either a current or noncurrent asset or liability based on the expected timing of realization
D) as a separately stated positive or negative component of equity