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    Fundamental Accounting Principles Study Set 3
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    Exam 11: Current Liabilities
  5. Question
    Payroll Liabilities for Current Employees Are
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Payroll Liabilities for Current Employees Are

Question 41

Question 41

Multiple Choice

Payroll liabilities for current employees are:


A) Contingent liabilities.
B) Estimated liabilities.
C) Can be either current or long-term depending on when workers retire.
D) Current liabilities.
E) None of these answers is correct.

Correct Answer:

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