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    Intermediate Accounting Study Set 6
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    Exam 13: Current Liabilities and Contingencies
  5. Question
    On the Balance Sheet, Liabilities Are Generally Classified as
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On the Balance Sheet, Liabilities Are Generally Classified as

Question 74

Question 74

Multiple Choice

On the balance sheet, liabilities are generally classified as


A) current or long-term
B) legal or nonlegal
C) material or immaterial
D) probable or estimated

Correct Answer:

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