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  • Exam Code:C_S4CAM_1911
  • Exam Name:SAP Certified Application Associate - SAP S/4HANA Cloud - Enterprise Asset Management Implementation Exam
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NEW QUESTION: 1
When enacted tax rates change:
A. an adjustment is made using estimated rates applied to the current deferred tax asset or liability balance
B. an adjustment is made using the new rates applied to the income tax expense and payable.
C. an adjustment is made to bring the deferred tax liability or asset to an amount based upon the new rates
Answer: C
Explanation:
This adjustment is made such that the deferred tax asset or liability will be the expected amount to reverse based upon the new rates.

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