Which of the following is a characteristic of a current liability?
a current liability...
Business, 28.09.2019 16:10 lorettawintx
Which of the following is a characteristic of a current liability?
a current liability is due within one year or one operating cycle, whichever is longer.
a current liability must be of a known amount.
a current liability must be of an estimated amount.
current liabilities are subtracted from long-term liabilities on the balance sheet.
Answers: 2
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