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    Horngrens Accounting Study Set 2
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    Exam 1: Accounting and the Business Environment
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    All of the Following Describe a Liability Except
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All of the Following Describe a Liability Except

Question 101

Question 101

Multiple Choice

All of the following describe a liability except:


A) investments by owners.
B) economic obligations to creditors.
C) debts to creditors.
D) outsider claims.

Correct Answer:

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