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    Financial and Managerial Accounting Study Set 8
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    Exam 27: the Time Value of Money: Future Amounts and Present Values
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    Financial Instruments Do Not Include
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Financial Instruments Do Not Include

Question 22

Question 22

Multiple Choice

Financial instruments do not include:


A) Contracts that call for receipts or payment of cash.
B) Equity investment in another business.
C) Cash.
D) Tangible assets.

Correct Answer:

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