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According to the Text,almost All Current Liabilities Appear in the Operating

question 59

Essay

According to the text,almost all current liabilities appear in the Operating Activities category of the statement of cash flows,but there are exceptions.Explain the exceptions and give an example.


Definitions:

Marginal Rate

The marginal rate usually refers to the incremental increase or decrease in the assessment of a variable or cost in response to a change in some activity.

Goods A

Indicating a generic category of tangible products or commodities.

Budget Constraint

The financial limit on the consumption choices of an individual or household based on income and the prices of goods and services.

Income Change

A variation in the amount of earnings received by a person, household, or economic entity over a period.

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