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