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

A current liability is a debt that can reasonably be expected to be paid:

a. within a year, or the operating cycle, whichever is longer

b. between 6 months and 18 months

c. out of currently recognized revenues

d. out of cash currently on hand

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