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3.Which of the following is TRUE regarding a classified balance sheet? Group of answer choices A)A classified balance sheet includes both intangible liabilities and long-term

3.Which of the following is TRUE regarding a classified balance sheet?

Group of answer choices

A)A classified balance sheet includes both intangible liabilities and long-term liabilities.

B)All of these are true.

C)A classified balance sheet organizes assets and liabilities into important subgroups that provide more information to decision makers.

D)A classified balance sheet organizes assets into subgroups including current assets, long-term assets and revenues.

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