Upon Reading the Notes to the Financial Statements of KAR

Multiple Choice

Upon reading the notes to the financial statements of KAR Ltd., you notice that the policies they have chosen tend to be deferring and amortizing both revenue and expenses.This approach leads you to believe that KAR Ltd.is employing a(n) :

A) Income tax minimization strategy.
B) Profit maximization strategy.
C) Smoothing strategy.
D) Income tax maximization strategy.