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    Intermediate Accounting Study Set 2
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    Exam 1: Environment and Theoretical Structure of Financial Accounting
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    The Asset/liability Approach Emphasizes Matching to Determine What Assets and Liabilities
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The Asset/liability Approach Emphasizes Matching to Determine What Assets and Liabilities

Question 62

Question 62

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The asset/liability approach emphasizes matching to determine what assets and liabilities should be reflected on the balance sheet.

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