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Haley is considering placing her daughter in a program in which children often explore topics in a group.Parent participation is essential,and cooperation is a theme.What program described in the textbook would meet her needs for her child?
Long-term Liability
A debt or obligation not due within the current accounting year, requiring repayment over a longer period.
Warranty Repairs
Services provided to repair or fix products free of charge under a warranty agreement, considered a contingent liability when the product is sold.
Parts Inventory
The stock of components or parts kept on hand by a company to assemble products or perform service maintenance.
Note Payable
A written agreement where one party promises to pay another party a specific sum of money at a determined future date or on demand.
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