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All of the Following Are Considered to Be Long-Term Liabilities

Question 64

Multiple Choice

All of the following are considered to be long-term liabilities for Parsons Company except


A) bonds issued this year (due in ten years) .
B) the payment due in three years for a three-year lease signed this year.
C) the current year portion of deferred taxes.
D) the principal of a note payable signed this year but due in five years.

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