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    Financial Accounting Study Set 1
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    Exam 5: Fraud,Internal Control,and Cash
  5. Question
    Cash That Is Legally or Contractually Required to Be Set
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Cash That Is Legally or Contractually Required to Be Set

Question 55

Question 55

True/False

Cash that is legally or contractually required to be set aside for a specific purpose cannot be reported with Cash and Cash Equivalents on the balance sheet.

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