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(2). A current liability includes obligations that must be repaid (a). within one year. (b). within one year or within the operating cycle, whichever
(2). A current liability includes obligations that must be repaid (a). within one year. (b). within one year or within the operating cycle, whichever is shorter. (c). within one year or within the operating cycle, whichever is longer. (d). by the end of the operating cycle.
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College Accounting Chapters 1-27
Authors: James A. Heintz, Robert W. Parry
22nd Edition
130566616X, 978-1305666160
