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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.

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Which of the following is a characteristic of a current liability?

a current liability...
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