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    Exam 2: A Closer Look at the Financial Statements
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    Which One of the Following Is an Asset
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Which One of the Following Is an Asset

Question 52

Question 52

Multiple Choice

Which one of the following is an asset?


A) A patent of a company's secret formula for reverse osmosis.
B) Retained earnings.
C) Notes payable.
D) Accounts payable.

Correct Answer:

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