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From course:

Basic Financial Accounting Short Questions

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Question:

What does "long-term liability" (also known as non-current liability) mean? Select one alternative: A Money that customers owe the company and must be paid within 12 months B Investment in the company C Money owed to lenders that is due for payment within 12 months D Money owed to lenders that is due for payment more than 12 months away

Author: Gonza R



Answer:

D Money owed to lenders that is due for payment more than 12 months away


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Gonza R
Gonza R