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2) When a company exchanges nonmonetary assets and a loss results, the company recognizes the loss: a. a. only if the machine has a fair

2) When a company exchanges nonmonetary assets and a loss results, the company recognizes the loss:

	a.	a. only if the machine has a fair value >80%
	b.	b. never
	c.	c. immediately
	d.	d. if the exchange is non-perishable

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