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Question 25 2 pts Which of the following is a FALSE statement? O Accounting for mortgage notes and bonds is similar to that for
Question 25 2 pts Which of the following is a FALSE statement? O Accounting for mortgage notes and bonds is similar to that for unsecured notes and bonds, except that the mortgage agreement must be disclosed. OA mortgage does not give the lender a right to be paid from the cash proceeds of the sale of a borrowers' assets identified in the mortgage. O Mortgage notes pledge specific assets as security for the note. A mortgage contract describes the mortgage terms. Question 26 2
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