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Which of the following creates a future tax liability? Select one: a. An unrealized loss from recording inventory at lower of cost or market. b.
Which of the following creates a future tax liability? Select one: a. An unrealized loss from recording inventory at lower of cost or market. b. Accelerated amortization claimed in the tax return in excess of accounting depreciation. O c. Estimated warranty expense. O d. Subscriptions collected in advance. e. None of the above. Clear my choice
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