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1. Under U.S GAAP mark to market accounting, which of the following assets and liabilities is not recorded at approximately their market value? 1) Cash

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1. Under U.S GAAP "mark to market accounting", which of the following assets and liabilities is not recorded at approximately their market value? 1) Cash and Cash Equivalents 2) Short-Term investments 3) Accounts Payable 4) Inventory 5) Equity Investments considered trading securities TE

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