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  • randy says February 21, 2013 at 2:08 pm Its very helpful, but i have one question, one of the flashcards defined the term ???Asset??? to be an item that is owned by the business which is true but my lecturer said that an asset is an item that is controlled by a business.control is more important than ownership according to him, so can someone please help me clear this up please??????..thanks???..
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