A future taxable amount means taxable income will be relative to pretax accounting income, whereas a future deductible amount means taxable income will be relative to accounting income.

The correct answer is Increased; decreased.

Explanation:

The future taxable amount is the initial figure on which a specific type of tax is applied to calculate the value of the tax to be paid. The tax base is the “monetary or other magnitude that results from the measurement or valuation of the taxable event” and establishes its estimate according to three methodologies:

Direct estimation, used in a general way. It is calculated from the data available to the tax payer, for example, through the accounting books. Objective estimation, established by law for specific cases. It is not fixed on real data, but rather uses ratios or quantities that allow an average to be made. For example: according to the number of workers. Indirect estimate, for cases in which the Tax Agency does not have all the necessary data to establish the tax base.

Secured loans are protected by collateral security. examples: title loans where the borrower uses the car title as collateral security interest rates are lower and repayments are longer therefore risk is low as a collateral security is given as guarantee to the bank in case of failure to pay the loanunsecured loans are not protected by collateral security but it is given on the creditworthiness of the borrower, trusting that she/he will pay on time. examples; payday loans is a short term loan where the borrower lends money from the bank and pays is back when the borrower receives his/her wages.interest rates are high and repayments are shorter. but the risk is high as no collateral security is given as a guarantee to the bank for payment of the loan