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    Business
  3. Study Set
    Fundamental Accounting Principles Study Set 7
  4. Exam
    Exam 4: Completing the Accounting Cycle and Classifying Accounts
  5. Question
    Current Liabilities Become Due
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Current Liabilities Become Due

Question 2

Question 2

Multiple Choice

Current liabilities become due


A) Within the operating cycle of a business.
B) Within one year.
C) When bills have to be paid.
D) A or B, whichever is longer.
E) All of these answers are correct.

Correct Answer:

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