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    Principles of Financial Accounting
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    Exam 19: Accounting for Investments
  5. Question
    If a Long-Term Investment Suffers a Permanent Decline in Value,a
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If a Long-Term Investment Suffers a Permanent Decline in Value,a

Question 66

Question 66

True/False

If a long-term investment suffers a permanent decline in value,a loss only has to be recorded if the investment is sold.

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