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Which of the following does NOT satisfy the definition of a liability Select one: a. Damages and costs that would result from the loss of

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Which of the following does NOT satisfy the definition of a liability Select one: a. Damages and costs that would result from the loss of a current court case b. Unearned revenue because it is an obligation to perform future services c. Obligation for annual leave and long service leave because there is no present obligation d. Allowance for bad and doubtful debts because it is a contra-asset

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