When reporting liabilities on a balance sheet, in theory, what measurement should be used? a. future value
Question:
When reporting liabilities on a balance sheet, in theory, what measurement should be used?
a. future value of the present outflow
b. present value of the present outflow
c. future value of the future outflow
d. present value of the future outflow
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Related Book For 
Cornerstones Of Financial Accounting Current Trends Update
ISBN: 9781111527952
1st Edition
Authors: Jay Rich , Jeff Jones, Maryanne Mowen , Don Hansen
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