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    Fundamental Accounting Principles Study Set 1
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    Exam 4: Completing the Accounting Cycle
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    Current Liabilities Are Cash and Other Resources That Are Expected
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Current Liabilities Are Cash and Other Resources That Are Expected

Question 63

Question 63

True/False

Current liabilities are cash and other resources that are expected to be sold, collected or used within one year or the company's operating cycle whichever is longer.

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