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  3. Study Set
    Fundamental Financial Accounting Concepts
  4. Exam
    Exam 13: Financial Statement Analysis
  5. Question
    When Debt Is Used to Finance Purchase of Assets,the Term
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When Debt Is Used to Finance Purchase of Assets,the Term

Question 116

Question 116

True/False

When debt is used to finance purchase of assets,the term or time span of the debt should be similar to the lifespan of the assets.

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