I.
IFRS permits netting of all deferred taxes.
II.
IFRS permits netting of deferred taxes that relate to the same taxing authority.
III.
IFRS permits deferred taxes to be classified as current.
IV.
IFRS permits deferred taxes to be classified as noncurrent.
A. I only.
B. I and II.
C. II and IV.
D. IV only.
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