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    Business
  3. Study Set
    Financial Accounting A User Perspective
  4. Exam
    Exam 6: Cash, Temporary Investments, and Accounts Notes Receivable
  5. Question
    An Investment in Marketable Securities to Be Used to Replace
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An Investment in Marketable Securities to Be Used to Replace

Question 56

Question 56

Multiple Choice

An investment in marketable securities to be used to replace equipment of the company in two years should be classified as an) :


A) noncurrent asset.
B) current asset.
C) fixed asset.
D) intangible asset.

Correct Answer:

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