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Liabilities have three main characteristics. Which of the following is NOT one of them? A. they are an unavoidable obligation B. they are usually classified

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Liabilities have three main characteristics. Which of the following is NOT one of them? A. they are an unavoidable obligation B. they are usually classified as current on the balance sheet O c. they occur because of a past transaction or event D. they create a present obligation for future payments of cash or services

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