The time period for classifying a liability as current is one year or the operating cycle, whichever

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The time period for classifying a liability as current is one year or the operating cycle, whichever is:

(a) longer.

(b) shorter.

(c) probable.

(d) possible.

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Financial Accounting Tools For Business Decision Making

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Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso

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The time period for classifying a liability as current is one year or the operating cycle, whichever

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Financial Accounting Tools For Business Decision Making

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