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    Financial Accounting Study Set 19
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    Exam 3: The Accounting Cycle: End of the Period
  5. Question
    A Current Liability Is Defined As
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A Current Liability Is Defined As

Question 94

Question 94

Multiple Choice

A current liability is defined as:


A) An amount borrowed less than one year ago.
B) An amount due to an employee.
C) An amount due within one year.

Correct Answer:

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