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Other Fields Homework Help Accounting Topic started by: AL0354335 on Aug 1, 2022



Title: Methods used to determine if there are legal encumbrances related to fixed assets include all but ...
Post by: AL0354335 on Aug 1, 2022
Methods used to determine if there are legal encumbrances related to fixed assets include all but which of the following?

▸ Read the terms of loan and credit agreements.

▸ Send loan confirmation requests to banks and other lending institutions.

▸ Have discussions with the client or send letters to legal counsel.

▸ All of these may be used to identify legal encumbrances.


Title: Methods used to determine if there are legal encumbrances related to fixed assets include all but ...
Post by: wonton1 on Aug 1, 2022
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