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Which of the Following Is Not a Current Liability

Question 92

Multiple Choice

Which of the following is not a current liability?


A) A liability due within one year for a business with a fifteen-month operating cycle.
B) A liability due within three months for a business with a two-month operating cycle.
C) A liability due within one year for a business with a nine-month operating cycle.
D) A liability due within fifteen months for a business with a one-year operating cycle.

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