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    Entrepreneurial Small Business Study Set 1
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    Exam 13: Small Business Accounting: Projecting and Evaluating Performance
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    A Regular and Systematic Reduction in Income That Transfers Asset
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A Regular and Systematic Reduction in Income That Transfers Asset

Question 94

Question 94

Multiple Choice

A regular and systematic reduction in income that transfers asset value to expense over time is called


A) bankruptcy.
B) depreciation.
C) liquidity.
D) opportunity cost.

Correct Answer:

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