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The largest item of the deferred tax liability for most companies is caused by: a. providing the allowance for doubtful accounts for book purposes. b.

The largest item of the deferred tax liability for most companies is caused by:

a. providing the allowance for doubtful accounts for book purposes.

b. differences in inventory cost flow assumptions (FIFO vs. LIFO) for tax versus financial account purposes.

c. differences in depreciation methods accelerated vs. straight-line) for tax versus financial accounting purposes.

d. amortizing bond premium or discount for tax purposes.

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