Non-Current Liabilities Include

question 79

Multiple Choice

Non-current liabilities include

• A)obligations not expected to be liquidated within the operating cycle.
• B)obligations payable at some date beyond the operating cycle.
• C)deferred income taxes and most lease obligations.
• D)all of these.

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Definitions:

Borrowed Funds

Money obtained through loans or debt financing, which needs to be repaid over time, usually with interest.

Capital Budgeting

The process of planning and managing a company's long-term investments in major projects or assets.

Internal Rate

Generally refers to the internal rate of return (IRR), which is a metric used in capital budgeting to estimate the profitability of potential investments.

Cash Flows

The net amount of cash and cash-equivalents being transferred into and out of a business.