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    Business
  3. Study Set
    Company Accounting
  4. Exam
    Exam 1: Nature and Regulation of Companies
  5. Question
    Costs Incurred in Promoting and Setting Up a Company Are
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Costs Incurred in Promoting and Setting Up a Company Are

Question 31

Question 31

True/False

Costs incurred in promoting and setting up a company are considered to be capital in nature and cannot be paid from the company's assets.

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