A major source of deferred income taxes is the use of: A. off-balance sheet financing. B. net

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A major source of deferred income taxes is the use of:

A. off-balance sheet financing.

B. net operating loss carryovers.

C. straight-line depreciation for reporting purposes, but MACRS depreciation for tax purposes.

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Related Book For  book-img-for-question

Analysis Of Financial Statements

ISBN: 9781118299982

3rd Edition

Authors: Frank J. Fabozzi, Pamela Peterson Drake

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