Final 1-10 - Question 1 1 out of 1 points Whichofthe...

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Question 1 1 out of 1 points Which of the  following is not  a  liability? Answer Selected Answer: An unused line of credit. Correct Answer: An unused line of credit. Question 2 1 out of 1 points Which of the  following is a  contingency that  should be  accrued? Answer Selected Answer: C. The company offers a two-year warranty and the expenses can be  reasonably estimated. Correct Answer: C. The company offers a two-year warranty and the expenses can be  reasonably estimated. Question 3 1 out of 1 points All of the  following but one  represent 
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collections for  third parties.  Which one of the  following is not  a  collection for a  third party? Answer Selected Answer: Customer deposits. Correct Answer: Customer deposits. Question 4 1 out of 1 points The par value of  common stock  represents: Answer Selected Answer: the arbitrary dollar amount assigned to a share of stock.  Correct Answer:
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Final 1-10 - Question 1 1 out of 1 points Whichofthe...

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