Answer :
Deferred tax liabilities can arise from temporary differences and NOL carryforwards " Deferred tax liabilities can arise from" are "temporary differences" and "NOL carryforwards" (option d).
Deferred tax liabilities represent the tax consequences of temporary differences between the carrying amounts of assets and liabilities for financial reporting purposes and their tax bases. Temporary differences arise when the timing of recognition or measurement of items differs between financial reporting and tax purposes. NOL carryforwards, which are tax losses that can be used to offset future taxable income, can also give rise to deferred tax liabilities.
Therefore, the correct options for the statement "Deferred tax liabilities can arise from" are "temporary differences" and "NOL carryforwards" (option d). These two factors contribute to the timing differences between financial reporting and tax calculations, resulting in the recognition of deferred tax liabilities.
It is important for companies to account for deferred tax liabilities in their financial statements to ensure accurate reporting of their tax obligations and to reflect the impact of these liabilities on their financial position.
Learn more about tax calculations: brainly.com/question/27978084
#SPJ11