When a contract is expected to affect the risk, timing, or amount of the entity's future cash flows, the contract is said to have ________.
A) non-commercial substance
B) no substance
C) commercial substance
D) no profit

Name: When a contract is expected to affect the risk, timing, or amount of the entity's future cash flows, the contract is said to have ________. A) non-commercial substance B) no substance C) commercial substance D) no profit
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Question

Quizplus · Accepted Answer

The Answer is C

When a Contract Is Expected to Affect the Risk, Timing