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When reporting liabilities on a statement of financial position, in theory, what measurement should be used? a . Future value of the future outflow b
When reporting liabilities on a statement of financial position, in theory, what measurement should be used?
a Future value of the future outflow
b Future value of the present outflow
c Present value of the future outflow
d Present value of the present outflow
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Financial Accounting
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso
8th Edition
1118484320, 978-1118484326
