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    Business
  3. Study Set
    Australian Financial Accounting
  4. Exam
    Exam 10: An Overview of Accounting for Liabilities
  5. Question
    An Entity Shall Classify a Liability as Current When It
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An Entity Shall Classify a Liability as Current When It

Question 54

Question 54

True/False

An entity shall classify a liability as current when it holds the liability primarily for the purpose of trading.

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