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Which of the following descriptions would Not fit the definition of a liability? A. An obligation to deliver services that have already been paid for
Which of the following descriptions would Not fit the definition of a liability?
- A. An obligation to deliver services that have already been paid for by the customer
- B. Future obligations for future salary payments that have not been earned
- C. A current obligation with a payment due in the future
- D. Is the result of a past transaction with a supplier
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Auditing and Assurance Services A Systematic Approach
Authors: William Messier, Steven Glover, Douglas Prawitt
9th edition
1308361491, 77862333, 978-1259248290, 9780077862336, 1259162346, 978-1259162343
