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    Accounting NZ
  4. Exam
    Exam 3: Measuring and Reporting Financial Position
  5. Question
    Identify the Item Which Is Not Necessarily a Liability
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Identify the Item Which Is Not Necessarily a Liability

Question 23

Question 23

Multiple Choice

Identify the item which is not necessarily a liability.


A) bank overdraft
B) provision for holiday pay
C) loan
D) None of the above, i.e. all are necessarily liabilities.

Correct Answer:

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