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    Corporate Finance Study Set 12
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    Exam 2: Accounting Statements and Cash Flow
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    Which One of These Accounts Is Classified as a Current
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Which One of These Accounts Is Classified as a Current

Question 7

Question 7

Multiple Choice

Which one of these accounts is classified as a current asset on the balance sheet?


A) intangible asset
B) accounts payable
C) preferred stock
D) inventory
E) net plant and equipment

Correct Answer:

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