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    Fundamental Accounting Principles Study Set 1
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    Exam 11: Current Liabilities and Payroll Accounting
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    Obligations Not Due Within One Year or the Company's Operating
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Obligations Not Due Within One Year or the Company's Operating

Question 64

Question 64

True/False

Obligations not due within one year or the company's operating cycle, whichever is longer, are reported as current liabilities.

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