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  2. Topic
    Business
  3. Study Set
    Financial Accounting
  4. Exam
    Exam 1: Introduction to Business Activities and Overview of Financial Statements and the Reporting Process
  5. Question
    A _____ Item Is Expected to Result in a Cash
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A _____ Item Is Expected to Result in a Cash

Question 28

Question 28

Multiple Choice

A _____ item is expected to result in a cash receipt or a cash payment within approximately one year or less.


A) illiquid
B) long-term
C) current
D) noncurrent
E) liquid

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