Current Liabilities Become Due

question 2

Multiple Choice

Current liabilities become due

• A)Within the operating cycle of a business.
• B)Within one year.
• C)When bills have to be paid.
• D)A or B, whichever is longer.
• E)All of these answers are correct.

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Definitions:

Cessations

The act of stopping or discontinuing an action or behavior.

Narcolepsy

A sleep disorder characterized by uncontrollable sleep attacks. The sufferer may lapse directly into REM sleep, often at inopportune times.

Sleepiness

The state or condition of feeling the need for sleep, often accompanied by lethargy and decreased alertness.

Seizures

Sudden, uncontrolled electrical disturbances in the brain that can cause changes in behavior, movements, feelings, and levels of consciousness.