Question: Classification of current and non current is important for the following reason: Allows external users to assess whether the company has the ability to pay

 Classification of current and non current is important for the following

Classification of current and non current is important for the following reason: Allows external users to assess whether the company has the ability to pay enabling better financial analysis and decision making Internal decision makers can understand which obligations are due to they can plan and take action Both A and B None of the above

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