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    Financial Accounting Study Set 5
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    Exam 9: Current Liabilities and Fair Value Accounting
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    Which of the Following Most Likely Is an Estimated Liability
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Which of the Following Most Likely Is an Estimated Liability

Question 192

Question 192

Multiple Choice

Which of the following most likely is an estimated liability?


A) Incomes taxes payable
B) Payroll liabilities
C) Sales tax payable
D) Current portion of long-term debt

Correct Answer:

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