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Which one of the following statements relating to the glass electrode is correct?
Current Liabilities
Liabilities that will be due within a short time (usually one year or less) and that are to be paid out of current assets.
Capital Additions
Expenditures made by a company to acquire or improve long-term assets to increase its efficiency or capacity.
Budgeted Production
The planned level of output for a future period, determined as part of a company's budgeting process to forecast resource needs.
Estimated Inventory
An approximation of the quantity or cost of inventory that a company has on hand at a certain point in time.
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