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    Exam 2: Business Processes and Accounting Information
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    A Law Firm Signs a $700,000 Mortgage Note with a Local
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A Law Firm Signs a $700,000 Mortgage Note with a Local

Question 1

Question 1

Multiple Choice

A law firm signs a $700,000 mortgage note with a local bank for the purchase of an office building.This is an example of a(n) :


A) financing activity
B) planning activity
C) operating activity
D) investing activity

Correct Answer:

verifed

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