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I'm pretty sure that I'm right but wanted to check my answer with you. I'm pretty certain it is "C". Am I correct?

I'm pretty sure that I'm right but wanted to check my answer with you. I'm pretty certain it is "C". Am I correct?

The accounting procedure that accounts for most of the deferred income tax liability for most companies is:


a. providing the allowance for doubtful accounts.


b. applying the inventory cost flow assumption (FIFO vs. LIFO).


c. applying a depreciation method (accelerated vs. straight-line).


d. amortizing bond premium or discount.

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