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    Financial Accounting Study Set 17
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    Exam 3: The Accounting Cycle: End of the Period
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    Resources Owned by the Company That Will Provide a Benefit
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Resources Owned by the Company That Will Provide a Benefit

Question 31

Question 31

Multiple Choice

Resources owned by the company that will provide a benefit for more than one year are called:


A) Current assets.
B) Current liabilities.
C) Long-term assets.
D) Revenues.

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