单选题
编号：2693608
1. Which of the following statements most accurately describes a valuation allowance for deferred taxes? A valuation allowance is required under:
- A.Both IFRS and US GAAP on deferred tax assets arising from the translation of foreign operations.
- B.US GAAP if there is doubt about recovering a deferred tax asset.
- C.IFRS on revaluation of a deferred tax asset.