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    Exam 1: Business, Accounting, and You
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    Liabilities Represent
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Liabilities Represent

Question 23

Question 23

Multiple Choice

Liabilities represent:


A) items owned by the company.
B) future economic benefits of the company.
C) earnings kept in the business.
D) monies owed to third parties.
E) monies owed to shareholders

Correct Answer:

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