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  2. Topic
    Business
  3. Study Set
    Accounting Understanding and Practice
  4. Exam
    Exam 1: The Statement of Financial Position Balance Sheetand What It Tells Us
  5. Question
    An Example of a Current Asset Is
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An Example of a Current Asset Is

Question 4

Question 4

Multiple Choice

An example of a current asset is:


A) Inventory
B) Equipment
C) Retained earnings
D) Owner's equity

Correct Answer:

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