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    Business
  3. Study Set
    Intermediate Accounting Study Set 7
  4. Exam
    Exam 9: Short-Term Operating Assets: Cash and Receivables
  5. Question
    A Compensating Cash Balance Held as Support of a Credit
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A Compensating Cash Balance Held as Support of a Credit

Question 133

Question 133

True/False

A compensating cash balance held as support of a credit agreement is not classified as cash on the balance sheet.

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