Deferred Tax ___
Valuation Allowance
100

'Unearned Revenue' is typically an example of

DTA 

100

A company would prefer to have a ____ (higher/lower) VA

lower VA

200

When book income is greater than taxable income a ___ is created

DTL

200

A heavily weighted piece of evidence 

Three year cumulative losses

300

Changes in balance sheet accounts multiplied by ___ equals the DTA/DTL change

tax rate

300

"... more likely or not" is greater than ___%

50

400

Potential contributing factor for why Pepsi has a 'recapture of NOLs' in their DTLs (2 reasons)

resolution with the IRS & restructuring

400

Pepsi recorded a ____ (full or partial) VA for the NOLs generated from their restructuring in 2018 

full VA