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The Classification of Liabilities on the Basis of Timing of Settlement,i.e.current

Question 27

Multiple Choice

The classification of liabilities on the basis of timing of settlement,i.e.current and non-current,is useful as it helps decision-makers assess the firm's ability to meet all of the following except:


A) Commitments which are part of the operating cycle
B) Capital repayments
C) Dividends
D) Profitability

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