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    Financial Accounting
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    Exam 3: Accruals and Deferrals: Timing Is Everything in Accounting
  5. Question
    If a Company's Expenses for the Period Are Greater Than
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If a Company's Expenses for the Period Are Greater Than

Question 90

Question 90

Multiple Choice

If a company's expenses for the period are greater than its revenues,then the company will report ________.


A) net income
B) a decrease in cash
C) a net loss
D) both a decrease in cash and a net loss

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