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  3. Study Set
    Australian Financial Accounting
  4. Exam
    Exam 10: An Overview of Accounting for Liabilities
  5. Question
    Under AASB 101 Something May Be Classified as a Current
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Under AASB 101 Something May Be Classified as a Current

Question 4

Question 4

True/False

Under AASB 101 something may be classified as a current liability even when it is not expected to be settled for a period in excess of 12 months.

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