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Unconscious reactions for dealing with unpleasant emotions such as anxiety or guilt are referred to as
Current Liability
Financial obligations that are due to be paid within one year or within the normal operating cycle of a business.
Working Capital
The measure of a company's operational efficiency and short-term financial health, calculated as current assets minus current liabilities.
Taxes Payable
Liabilities due to local, state, or federal tax authorities within the upcoming fiscal period.
Accrued Wages Expense
Costs incurred by a company for wages that have been earned by employees but have not yet been paid.
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