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    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 Long-Term Asset Is
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An Example of a Long-Term Asset Is

Question 28

Question 28

Multiple Choice

An example of a long-term asset is:


A) Cash
B) Inventory
C) Fixtures and fittings
D) Prepayments

Correct Answer:

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