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f Which of the following statements is not true regarding current liabilities? O a. Liabilities are classified as current if they are due within
f Which of the following statements is not true regarding current liabilities? O a. Liabilities are classified as current if they are due within one year or one operating cycle, whichever is longer. O b. Current liabilities are generally paid out of current assets. O c. Accounts payable and sales taxes payable are examples of current liabilities. d. All of the statements are true regarding current liabilities. d. Clear my choice
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