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  2. Topic
    Business
  3. Study Set
    Intermediate Accounting Reporting and Analysis
  4. Exam
    Exam 14: Financing Liabilities: Bonds and Notes Payable
  5. Question
    When Fair Value Is Chosen for the Reporting of a Debt
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When Fair Value Is Chosen for the Reporting of a Debt

Question 100

Question 100

True/False

When fair value is chosen for the reporting of a debt instrument this determination can be made after the bonds have been issued but prior to the issuance of the financial statements.

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