Current liabilities are obligations whose liquidation is reasonably expected to require the use of existing current assets or the creation of other current liabilities within
A) one year or operating cycle, whichever is longer.
B) one year.
C) one year or operating cycle, whichever is shorter.
D) an operating cycle.
A
Business
You might also like to view...
Advertising is a major component of integrated marketing communications
Indicate whether the statement is true or false
Business
The type of control that provides feedback, after an activity is finished, in order to prevent any future deviation is ________ control
A) preventive B) corrective C) break-even analysis D) contact E) proactive
Business