For Classification Purposes,a Valuation Allowance

Multiple Choice

For classification purposes,a valuation allowance:

A) Is allocated proportionately between deferred tax assets and deferred tax liabilities.
B) Is allocated proportionately between the current and noncurrent portions of the deferred tax asset.
C) Is allocated proportionately between the current and noncurrent portions of the deferred tax liability.
D) Is added to the deferred tax asset.