Current Liabilities Are Due

question 112

Multiple Choice

Current liabilities are due:

• A)but not receivable for more than one year or the current operating cycle,whichever is longer.
• B)but not payable for more than one year or the current operating cycle,whichever is longer.
• C)and receivable within the current operating cycle or one year,whichever is longer.
• D)and payable within the current operating cycle or one year,whichever is longer.

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Definitions:

Surface Tension

The elastic tendency of a fluid's surface that allows it to resist an external force, due to intermolecular forces.

Solvent

Liquid in which other substances dissolve.

Cohesion

The force that holds molecules of the same substance together, such as water molecules in a drop of water.

Evaporation

The process by which water changes from a liquid to a vapor or gas, often contributing to the water cycle.