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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 to Be Paid Within One Year or the Company's
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Obligations to Be Paid Within One Year or the Company's

Question 136

Question 136

Multiple Choice

Obligations to be paid within one year or the company's operating cycle, whichever is longer, are:


A) Current assets.
B) Bills.
C) Earned revenues.
D) Operating cycle liabilities.
E) Current liabilities.

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