Income taxes on inventory profits can be deferred

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Reference no: EM131825522

1. Income taxes on inventory profits can be deferred by ____.

A. different inventory valuation methods

B. different cash flow methods

C. long-term equipment

D. different tax schedules

2. The essential activities that take place in primary mortgage markets are:

A. underwriting and origination

B. leasing and sales.

C. pooling and securitization.

D. search and rescue.

Reference no: EM131825522

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