Development Costs Can Be Capitalized and Amortized in the Income

Multiple Choice

Development costs can be capitalized and amortized in the income statement over several periods while the full amount is tax deductible in the period in which the development costs were incurred.Which of the following accounting items will be generated by this temporary difference?

A) Deferred tax liability
B) Deferred tax revenue
C) Deferred tax asset
D) Deferred tax expense