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Which of the following is true regarding the money multiplier?
Future Cash Payment
Future cash payment refers to the amount of money that is obligated to be paid by an entity in the future for transactions occurring in the present or past.
Unearned Revenues
Money received by a company for a service or product that has yet to be delivered or provided.
Business Transactions
Economic events that affect the financial position of a company and are recorded in its accounts.
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