Series 66: Prepaid Expenses

Taken from our Series 66 - NASAA Uniform Combined State Law Exam

Definition of the term Prepaid Expenses ...

a current asset that represents goods or services that have been paid for but will be received in the future (e.g., postage, insurance, office supplies).

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The Pass the 66 book/audio series, as well as the timely responses I received from the professor, all led to my success in passing the Series 66. This is a test that must be taken seriously, and does just that.

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