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  3. Study Set
    Accounting for Business
  4. Exam
    Exam 3: Measuring and Reporting Financial Performance
  5. Question
    Accrued Expenses Are Classified in the Statement of Financial Position
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Accrued Expenses Are Classified in the Statement of Financial Position

Question 29

Question 29

Multiple Choice

Accrued expenses are classified in the statement of financial position as a:


A) current liability.
B) non-current asset.
C) non-current liability.
D) current asset.

Correct Answer:

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