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Question 8 (3 points) Temporary differences very seldom reverse (i.e., turnaround) in one or more future reporting periods. O True False Question 9 (3 points)

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Question 8 (3 points) Temporary differences very seldom reverse (i.e., turnaround) in one or more future reporting periods. O True False Question 9 (3 points) Under the indirect method of preparing cash flows from operating activities, deferred income tax expense must be added back to net income. True False

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