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The Accrual of Interest on Short-Term Marketable Securities Results In

Question 37

Multiple Choice

The accrual of interest on short-term marketable securities results in:


A) an increase in current assets and a decrease in net income.
B) an increase in current assets and an increase in net income.
C) an increase in noncurrent assets and an increase in liabilities.
D) an increase in current liabilities and an increase in net income.

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