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    Exam 18: Company Performance: Owners Equity and Financial Position
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    A Compensating Balance Is Generally Reported on a Company's Balance
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A Compensating Balance Is Generally Reported on a Company's Balance

Question 67

Question 67

Multiple Choice

A compensating balance is generally reported on a company's balance sheet as:


A) a cash equivalent
B) a long-term investment
C) a short-term investment
D) a part of the total cash balance

Correct Answer:

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