Question: A noncurrent liability is a debt that can reasonably be expected to be paid a. longer than one year past the balance sheet date. b.

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

a. longer than one year past the balance sheet date.

b. between 6 months and 11 months.

c. out of currently recognized revenues.

d. out of cash currently on hand.

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