1. For each item below, indicate whether it involves: (1) A
temporary difference that will result in future deductible amounts
and, therefore, will usually give rise to a deferred income tax
asset. (2) A temporary difference that will result in future
taxable amounts and, therefore, will usually give rise to a
deferred income tax liability. Use the appropriate number to
indicate your answer for each. Answer (a) For some assets,
straight-line depreciation is used for tax purposes while
double-declining balance...