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Business, 25.11.2021 05:20 dfrtgyuhijfghj3496

Excluding a short-term obligation from current liabilities can be done when:- a. the liability is contractually due to be settled more than one year after the balance sheet date.
b. the company enters into a financing agreement that permits the company to refinance the debt on a long-term basis.
c. the company has a contractual right to defer settlement of the liability for at least one year after the balance sheet date.
d. all of these answers are correct.

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Excluding a short-term obligation from current liabilities can be done when:- a. the liability is...

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