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Which of the following would indicate a nonmonetary exchange has commercial substance: A. The fair value of the asset received is significantly higher than the

Which of the following would indicate a nonmonetary exchange has commercial substance:

A. The fair value of the asset received is significantly higher than the book value of the asset given up.

B. Cash was received in the exchange.

C. The expected cash flows associated with the asset involved in the exchange re significantly different.

D. Both A&C

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