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Which of the following was NOT one of the rights listed in the majority of state constitutions?
Current Liabilities
Short-term financial obligations that are due within one year or within the normal operating cycle of a business.
Inventory
the total amount of goods or materials held in stock by a company, available for sale or use in production.
Noncash Expense
Expenses recorded on the income statement not requiring actual cash outflow, such as depreciation and amortization.
Depreciation
The accounting practice of allocating the cost of a tangible or physical asset over its useful life, reflecting the decrease in value of the asset over time.
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