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Question 7 (9 marks) A firm is looking to reduce its tax burden in the near-term to take advantage of the time value of money.

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Question 7 (9 marks) A firm is looking to reduce its tax burden in the near-term to take advantage of the time value of money. One possible way to do that is to: A) Delay depreciation until future period B) Have an accelerated depreciation scheme C) Change to a LIFO instead of a FIFO inventory system in a deflationary environment D) Use fair value accounting E) Decrease its financial leverage

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