Multiple Choice Questions - B/S and I/S - DTA
In the pop quiz multiple choice questions listed at the beginning of Odomirok.8-9-IS,
there is the following question:
What do deferred tax assets represent in an insurance company’s balance sheet?
The solution states: Investments in bonds
Should the solution not be: Expected future tax benefits?
Comments
Yes, I've corrected it. Thanks.
Thanks! I believe the following question may also have the incorrect answer:
"What is the purpose of the provision for reinsurance in statutory accounting?"
Corrected. Thanks!