Question
Which of the following is a characteristic of a current liability? A) It creates a present obligation for future payment of cash or services B)
Which of the following is a characteristic of a current liability?
A) It creates a present obligation for future payment of cash or services
B) It is an avoidable obligation.
C)It cannot be settled with services
D)It occurs because of a future transaction or event.
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Introduction to Management Science
Authors: Bernard W. Taylor
11th Edition
132751917, 978-0132751919
