单选题
Temporary differences in taxable and pretax income: A. will always be reversed. B. may result in lower current taxes payable and higher future taxes payable. C. are not reported on the balance sheet.
【正确答案】
B
【答案解析】Temporary differences will result in current lower (higher) taxes payable and future higher (lower) taxes payable. These differences will be categorized as deferred tax assets and liabilities and will be stated on the balance sheet. The temporary differences must be reversed, but in some cases management does have discretion over the time and amount of reversal.