Obligations That Need Not Be Paid for a Long Time,usually

question 44

True/False

Obligations that need not be paid for a long time,usually more than one year,are classified as current liabilities.

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Definitions:

Butanal

An aldehyde with the formula C4H8O, it is a four-carbon chain compound with a carbonyl group attached to the first carbon.

NaOH

Sodium hydroxide, a caustic alkali commonly used in many industrial and laboratory processes, known for its strong base characteristics.

Benzophenone

An aromatic ketone with the formula C13H10O, used as a photo initiator in polymer chemistry and as a flavoring agent.

Base-catalyzed Condensation

A chemical reaction where a base catalyzes the joining of two molecules with the loss of a small molecule like water, commonly used in the formation of larger organic molecules.