In Which of the Following Ways Does SFAS No

Multiple Choice

In which of the following ways does SFAS No. 109 differ from its predecessors?

A) It allows for the discounting of deferred tax assets and liabilities.
B) It has a comprehensive tax allocation orientation.
C) It provides a more liberal recognition policy for deferred tax assets and tax-loss carryforwards.
D) It has a revenue-expense (matching) orientation.