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Business Vocabulary

Q1

The loan should be reclassified from an account receivable to a note receivable in PGE's books, and if payment of the loan does not appear probable within a year, the loan should be reclassified as ..... asset in FERC Account 123, Investment in associated companies.

(*) a convertible

(*) a fixed

(*) an intangible

(*) a noncurrent

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