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    Company Accounting Study Set 1
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    Exam 7: Financial Instruments
  5. Question
    Which of the Following Items Is Classified as a Financial
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Which of the Following Items Is Classified as a Financial

Question 8

Question 8

Multiple Choice

Which of the following items is classified as a financial asset?


A) Buildings.
B) Loans payable.
C) Trade receivables.
D) Ordinary shares held in a subsidiary.

Correct Answer:

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