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    Exam 10: Acquisition and Disposition of Property, Plant, and Equipment
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    When a Company Makes an Unconditional Promise to Pledge an Asset
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When a Company Makes an Unconditional Promise to Pledge an Asset

Question 166

Question 166

True/False

When a company makes an unconditional promise to pledge an asset in the future, the company should report the contribution expense and related payable immediately.

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