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What Are "Non-Current Liabilities

Question 9

Multiple Choice

What are "non-current liabilities"?


A) Obligations that are expected to be settled in the next operating cycle of the company.
B) Obligations that are expected to be settled within the next 12 months.
C) Obligations that are expected to be settled more than 12 months after the company's year-end.
D) Obligations that are expected to be settled more than 24 months after the company's year-end.

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