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An item that must be paid within one year or one operating cycle of the firm is classified as a: Multiple Choice current liability. long-term
An item that must be paid within one year or one operating cycle of the firm is classified as a:
Multiple Choice
- current liability.
- long-term asset.
- current asset.
- None of the choices are correct.
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Financial Management for Public, Health and Not-for-Profit Organizations
Authors: Steven A. Finkler, Daniel L. Smith, Thad D. Calabrese, Robert M. Purtell
5th edition
1506326846, 9781506326863, 1506326862, 978-1506326849
