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    Intermediate Accounting Study Set 5
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    Exam 3: The Balance Sheet and Notes to the Financial Statements
  5. Question
    Which of the Following Would NOT Be Classified as a Current
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Which of the Following Would NOT Be Classified as a Current

Question 21

Question 21

Multiple Choice

Which of the following would NOT be classified as a current asset on a classified balance sheet?


A) Investment securities (trading)
B) Short-term investments
C) Intangible assets
D) Prepaid expenses

Correct Answer:

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