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1. Spontaneous unsecured financing has a specific interest cost associated with it that can be at a fixed or floating rate
True or false
2. As firms are unable to match cash in flows to outflows with certainty, most of them need current liabillities.
True or False
3. Accounts payable are spontaneous secured sources of short term financing that arise from the normal operations of a form
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Diverse measurement techniques developed for different types of assets suggest that standard setters are confused about the nature of the attribute that is to be measured.
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