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The defining characteristic of one deposit accounting approach is that the current value of the deposit is set equal to the present value of future
The defining characteristic of one deposit accounting approach is that the current value of the deposit is set equal to the present value of future payments, irrespective of the initial deposit or past payments. This deposit accounting approach is the Available answer options Select only one option A Audit premium approach. B Audit premium approach. C Bank deposit approach. D Prospective deposit approach
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