question archive When payments are expected to be made over a period longer than one year, the present value of the cash borrowed must be used to determine the total value of the obligation

When payments are expected to be made over a period longer than one year, the present value of the cash borrowed must be used to determine the total value of the obligation

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When payments are expected to be made over a period longer than one year, the present value of the cash borrowed must be used to determine the total value of the obligation. True False

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