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To copy formatting from the selected text to other text in the document,use the _______ button.
Short-Term Obligation
A debt or other financial obligation that is due to be paid within one year or within the entity's operating cycle if longer.
Long-Term Liability
Obligations or debts due in more than one year, reflecting a company's financing activities and including loans, bonds payable, and lease obligations.
GAAP Requirements
The standards or guidelines for financial accounting and reporting that accountants are required to follow, known as Generally Accepted Accounting Principles.
Vacation Pay
Compensation paid to employees for days they are entitled to take off work but choose to work instead or as a benefit for days they are allowed not to work.
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