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Which future benefit from deferred tax asset not be realized

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Reference no: EM132580150

Question 1: If it is more likely than not that future benefits from a deferred tax asset will not be realized in its entirety, a(n):

Multiple Choice

Option 1: expense allowance is established.

Option 2: equity account is increased.

Option 3: revenue is established.

Option 4: valuation allowance is established.

Reference no: EM132580150

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