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    Using Financial Accounting
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    Exam 1: Accounting As a Form of Communication
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    The Outflow of Assets Resulting from the Sale of Products
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The Outflow of Assets Resulting from the Sale of Products

Question 52

Question 52

Multiple Choice

The outflow of assets resulting from the sale of products and services is called a(n)


A) asset.
B) liability.
C) revenue.
D) expense.

Correct Answer:

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