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单项选择题

Common size balance sheets express all balance sheet items as a percentage of:()

A. assets.
B. equity.
C. industry averages.

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单项选择题The difference between income tax expense and taxes payable is a:

A.<TABLE border=0 cellSpacing=0 cellPadding=0 width="90%"><TBODY><TR><TD vAlign=top>A. deferred income tax expense. </TD></TR></TBODY></TABLE>
B.<TABLE border=0 cellSpacing=0 cellPadding=0 width="90%"><TBODY><TR><TD vAlign=top>B. deferred tax liability. </TD></TR></TBODY></TABLE>
C.<TABLE border=0 cellSpacing=0 cellPadding=0 width="90%"><TBODY><TR><TD vAlign=top>C. timing difference.</TD></TR></TBODY></TABLE>

单项选择题Which of the following strategies is least likely to be used by a hedge fund to increase leverage()

A. Margin borrowing.
B. Using derivatives.
C. Pursuing arbitrage opportunities.