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  2. Topic
    Business
  3. Study Set
    Australian Financial Accounting
  4. Exam
    Exam 4: An Overview of Accounting for Assets
  5. Question
    The Sum of the Total Assets of an Entity Will
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The Sum of the Total Assets of an Entity Will

Question 70

Question 70

True/False

The sum of the total assets of an entity will typically reflect their cost under current generally accepted accounting practices.

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