Question: 12. a. A current liability is a debt that can reasonably be expected to be paid within one year or the operating cycle, whichever is

12. a. A current liability is a debt that can reasonably

12. a. A current liability is a debt that can reasonably be expected to be paid within one year or the operating cycle, whichever is longer. b. between 6 months and 18 months. out of currently recognized revenues. d. out of cash currently on hand. C

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