Question

Tax rates other than the current tax rate may be used to calculate the deferred income tax amount on the balance sheet if

Answer 1

(A.) the future tax rates have been enacted into law.

Step-by-step explanation:

In case when the rate of tax instead of the current tax rate used to compute the deferred amount related to income tax for the balance sheet if the rate of future tax is enacted in law i.e means when the future tax rate imposed under the taxation rules and regulations

Therefore option A is correct and the other options are incorrect