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Long-Term Liabilities Are Significant to Users for All of the Following

Question 34

Multiple Choice

Long-term liabilities are significant to users for all of the following reasons,except


A) it affects the company for many years into the future.
B) it has an impact on the firm's liquidity.
C) it provides information on potential litigation and contractual obligations.
D) it provides information about the health of employee pension plans.

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