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QUESTION 20 Firms are not allowed to change the accounting principles used to generate financial statements. True False 2 points QUESTION 21 Which common liabilities
QUESTION 20
Firms are not allowed to change the accounting principles used to generate financial statements.
True
False
2 points
QUESTION 21
Which common liabilities usually fall under the classification of Obligations with Fixed Payment Dates and Amounts ?
A. | operating liabilities | |
B. | borrowing liabilities | |
C. | supplier payments | |
D. | All of the above |
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