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    Financial Accounting Tools Study Set 4
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    Exam 10: Reporting and Analyzing Liabilities
  5. Question
    The Classification of a Liability as Current or Noncurrent Is
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The Classification of a Liability as Current or Noncurrent Is

Question 113

Question 113

True/False

The classification of a liability as current or noncurrent is important because it may affect the evaluation of a company's liquidity.

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