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    Financial Accounting Study Set 7
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    Exam 8: Liabilities
  5. Question
    Failure to Record an Accrued Liability Causes a Company To
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Failure to Record an Accrued Liability Causes a Company To

Question 70

Question 70

Multiple Choice

Failure to record an accrued liability causes a company to:


A) overstate assets
B) overstate expenses
C) overstate liabilities
D) overstate owners' equity

Correct Answer:

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