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Which of the following is the best definition of a current liability? Multiple Choice An obligation payable within one year of the balance sheet date

Which of the following is the best definition of a current liability?
Multiple Choice
An obligation payable within one year of the balance sheet date
An obligation expected to be satisfied with current assets or by the creation of other current liablitites
An obligation payable within one year
An obligation payable within one year or within the normal operating cycle, whichever is longer
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