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There Is No Recognition of a Deferred Tax Item in Respect

Question 24

Multiple Choice

There is no recognition of a deferred tax item in respect to goodwill because it is a residual amount and the recognition of a deferred tax item would:


A) decrease the carrying amount of goodwill.
B) increase the carrying amount of goodwill.
C) decrease the profit on consolidation.
D) increase the profit on consolidation.

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