Question
2. Deposits held as compensating balances a. are usually some percentage of the committed amount. b. if legally restricted and held against short-term credit may
2. Deposits held as compensating balances
a. are usually some percentage of the committed amount.
b. if legally restricted and held against short-term credit may be included as cash.
c. if legally restricted and held against long-term credit may be included among current assets.
d. none of these.
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Accounting Fraud, Maneuvering And Manipulation, Past And Present
Authors: Gary Giroux
2nd Edition
1947098748, 9781947098749
