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Question 4 Section 195 refers to start-up expenses. True O False D Question 5 Section 248 refers to start-up expenses. o True O False Question

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Question 4 Section 195 refers to start-up expenses. True O False D Question 5 Section 248 refers to start-up expenses. o True O False Question 6 Assumption of a liability is the same as cash! True False

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