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  2. Topic
    Business
  3. Study Set
    Financial Managerial Accounting
  4. Exam
    Exam 10: Liabilities: Current,installment Notes,and Contingencies
  5. Question
    The Current Portion of Long-Term Debt Should
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The Current Portion of Long-Term Debt Should

Question 44

Question 44

Multiple Choice

The current portion of long-term debt should


A)
Be classified as a long-term liability
B)
Not be separated from the long-term portion of debt
C)
Be paid immediately
D)
Be reclassified as a current liability

Correct Answer:

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