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    Exam 10: Long-Term Liabilities
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    Under the Liability Method for Calculating Future Taxes, the Future
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Under the Liability Method for Calculating Future Taxes, the Future

Question 68

Question 68

Multiple Choice

Under the liability method for calculating future taxes, the future tax liability is based on:


A) current tax rates.
B) known future tax rates.
C) average historical tax rates.
D) effective tax rates.

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