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    Intermediate Accounting IFRS Study Set 1
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    Exam 5: Statement of Financial Position and Statement of Cash Flows
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    Which of the Following Is Not a Long-Term Investment
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Which of the Following Is Not a Long-Term Investment

Question 17

Question 17

Multiple Choice

Which of the following is not a long-term investment?


A) Investments in ordinary shares
B) Franchise
C) Land held for speculation
D) A sinking fund

Correct Answer:

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