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    Fundamentals of Financial Accounting Study Set 4
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    A Long-Term Liability Is One That the Company
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A Long-Term Liability Is One That the Company

Question 99

Question 99

Multiple Choice

A long-term liability is one that the company:


A) has owed for over one year.
B) has owed for over five years.
C) will not pay off for over one year.
D) will not pay off for over five years.

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