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Given that most current liabilities will be settled with cash, it is important to identify and record these liabilitie separately because it helps users to
Given that most current liabilities will be settled with cash, it is important to identify and record these liabilitie separately because it helps users to assess a. liquidity. b. cash position. c. Solvency. d. net income. When business owners offer programs that enable customers to accumulate points or other credit when making purchases, this results in a. an assurance warranty. b. performance obligations. c. customer loyalty revenues. d. prepaid services
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