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A business's financial statements show a significant increase in the asset account for deferred expenses. What is the likely impact of this on the business's
A business's financial statements show a significant increase in the asset account for deferred expenses. What is the likely impact of this on the business's borrowing needs?
A) borrowing needs will remain the same during the period
B) borrowing needs will likely increase during the period
C) borrowing needs will likely decrease, unless the deferred expenses are amortized
D) borrowing needs will likely decrease during the period
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