Deferred tax assets and liabilities are classified on the balance sheet:

a) As current or noncurrent depending on how the related assets or liability is classified

b) As current assets or liabilities since taxes are assumed to be paid within 1 year

c) As current assets but noncurrent liabilities since there is no guarantee taxes will actually be paid in the future depending on company earnings

d) As noncurrent assets and liabilities since future earnings are unreliable