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Business, 14.10.2021 01:00 chickedy5490

Which of the following defines long-term liabilities? Multiple choice question. Long-term liabilities are costs incurred within an accounting period that have uncertain benefits. Long-term liabilities are obligations due to be paid within one year. Long-term liabilities are reported before current liabilities on a classified balance sheet. Long-term liabilities are debts of a business that are not due to be settled within one year.

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