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    Business Essentials Study Set 6
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    Exam 11: Understanding Accounting
  5. Question
    What Is Any Debt Owed by a Firm or Individual
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What Is Any Debt Owed by a Firm or Individual

Question 98

Question 98

Multiple Choice

What is any debt owed by a firm or individual to others called?


A) Claim
B) Mortgage
C) Liability
D) Deficit
E) Asset

Correct Answer:

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