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When Preparing a Funds Statement Using the All Financial Resources \quad

Question 8

Multiple Choice

When preparing a funds statement using the all financial resources concept, the retirement of long-term debt by the issuance of common stock should be presented in a statement of changes in financial position as a
Source of Funds \quad Use of Funds


A) No \quad No
B) No \quad Yes
C) Yes \quad No
D) Yes \quad Yes

Correct Answer:

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