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Which of the Following Is Not a Component in the Definition

question 19

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Which of the following is not a component in the definition of organization structure?


Definitions:

Long-Term Debt

Borrowings and financial obligations lasting over one year that are used to fund a company's operations, investments, or acquisitions.

Long-Term Liability

A financial obligation due after more than one year.

Current Liability

Short-term financial obligations that are due within one year or within a company's operational cycle, whichever is longer.

Long-Term Debt

Borrowings and financial obligations of a business or organization that are due for repayment more than one year in the future.

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