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Prepaid insurance for the next two years is tax deductible when paid will result in O a deferred tax asset a deferred tax liability O

Prepaid insurance for the next two years is tax deductible when paid will result in O a deferred tax asset a deferred tax liability O neither a deferred tax asset nor a deferred tax liability
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Prepaid insurance for the next two years is tax deductible when paid will result in a deferred tax asset a deferred tax liability neither a deferred tax asset nor a deferred tax liability

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