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    Advanced Accounting Study Set 8
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    Exam 12: Financial Reporting and the Securities and Exchange Commission
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    Which of the Following Is Not a Security as Defined
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Which of the Following Is Not a Security as Defined

Question 42

Question 42

Multiple Choice

Which of the following is not a security as defined by the SEC?


A) Accounts receivable.
B) Notes receivable.
C) Treasury stock.
D) Debenture.
E) Investment contract.

Correct Answer:

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