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    Intermediate Accounting Study Set 14
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    Exam 13: Financial Instruments: Long-Term Debt
  5. Question
    In-Substance Defeasance Leads to the De-Recognition of a Company's Long-Term
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In-Substance Defeasance Leads to the De-Recognition of a Company's Long-Term

Question 3

Question 3

True/False

In-substance defeasance leads to the de-recognition of a company's long-term debt.

Correct Answer:

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