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Which of the following statements is not true? Multiple Choice A. Tax strategy, regardless of the generation of deferred tax liabilities, affects cash flow. B.
Which of the following statements is not true?
Multiple Choice
A. Tax strategy, regardless of the generation of deferred tax liabilities, affects cash flow.
B. The use of certain tax accounting methods (such as accelerated depreciation) increases cash flows in the early years.
C. Generating deferred tax liabilities always increases cash flows.
D. All of these answer choices are true statements.
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