When book profits are less than taxable profits:
A deferred tax asset is recognized when the taxable profits are higher than the book profits, resulting in future tax benefits. It represents the taxes that the company has overpaid and can be offset against future taxable profits, resulting in a reduction of tax expenses in the future. In the given scenario, if the book profits are lower than the taxable profits, it implies that the company has paid more taxes based on the higher taxable profits. As a result, a deferred tax asset is created to recognize the future tax benefits that the company can utilize to offset against its future taxable income.
The blinking symbol on the computer screen is called
What is the purpose of encryption in computer security?
The key utilized to activate the execution of a selected command is:
Which input device is commonly used to control the movement of a cursor on a computer screen?
____________ cells involve creating a single cell by combining two or more selected cells.
Which of the following connections makes use of phone lines, which carry digital signals instead of analog signals?
Which of the following extension file is not send by an E-mail?
What is the full form of GPU?
An Email address typically consists of a user id followed by the sign ______?
Rotational delay time is also known as