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    Intermediate Accounting Study Set 7
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    Exam 3: Judgment and Applied Financial Accounting Research
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    Which of the Following Is Most Likely Based on an Assumption
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Which of the Following Is Most Likely Based on an Assumption

Question 44

Question 44

Multiple Choice

Which of the following is most likely based on an assumption?


A) accounting for the holding period of an investment
B) accounting for sales tax
C) accounting for land
D) both A & C

Correct Answer:

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