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    Financial Accounting Study Set 10
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    Exam 1: The Financial Statements
  5. Question
    The Assets of a Company
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The Assets of a Company

Question 112

Question 112

Multiple Choice

The assets of a company:


A) must equal the liabilities of the company.
B) include property, plant, and equipment and common stock.
C) represent economic resources that are expected to produce a future benefit.
D) include merchandise inventory and accounts payable.

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