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A current liability is a debt that can reasonably be expected to be paid a. within one year, or the operating cycle, whichever is longer.

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A current liability is a debt that can reasonably be expected to be paid a. within one year, or the operating cycle, whichever is longer. b. between 6 months and 18 months. c. out of currently recognized revenues. d. out of cash currently on hand. 58

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