Question: What is the relationship between present value and the concept of a liability ? a) Present values are used to measure certain liabilities b) Present

What is the relationship between present value and the concept of a liability ?
a) Present values are used to measure certain liabilities
b) Present values are not used to measure certain liabilities
c) Present values are used to measure all liabilities
d) Present values are only used to measure long-term liabilities
What is the correct answer ??

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