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Which of the following isnotconsidered a liability? a. obligations for which the firm must estimate both timing and amount of payment b. obligations arising from
Which of the following isnotconsidered a liability?
a. | obligations for which the firm must estimate both timing and amount of payment |
b. | obligations arising from advances from customers on unexecuted contracts and agreements |
c. | obligations under mutually unexecuted contracts |
d. | obligations with fixed payment amounts but estimated payment dates |
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