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    Survey of Accounting Study Set 7
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    Exam 1: The Role of Accounting in Business
  5. Question
    Which of the Following Is Incurred by a Business When
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Which of the Following Is Incurred by a Business When

Question 1

Question 1

Multiple Choice

Which of the following is incurred by a business when it borrows money?


A) An accumulated depletion
B) A liability
C) A loss
D) An accrued expenditure

Correct Answer:

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