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k0ka [10]
3 years ago
10

A current liability is a debt that can reasonably be expected to be paid Group of answer choices within one year or the operatin

g cycle, whichever is longer. between 6 months and 18 months. out of currently recognized revenues. out of cash currently on hand.
Business
1 answer:
Fynjy0 [20]3 years ago
4 0

Answer:

within one year or the operating cycle, whichever is longer.

Explanation:

The current liability means the liability that becomes due and can be expected to be paid by maximum of the one year i.e. 12 months or the operating cycle whichever is more

It includes the account payable, salaries payable, wages payable in which the time period is of maximum 12 months

So the first option is correct

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When a line cook in a restaurant uses raw meat to cook a hamburger that becomes part of the restaurant's Super Burger Special, t
gulaghasi [49]

Answer:

Transformation process.

Explanation:

When a line cook in a restaurant uses raw meat to cook a hamburger that becomes part of the restaurant's Super Burger Special, the cook is taking part in a transformation process.

A transformation process can be defined as the capabilities possessed by an organization, which are then integrated into technology, internal processes, and management, for the singular purpose of converting inputs into outputs in order to meet the needs or requirements of their customers.

In this scenario, the cook uses raw meat as an input in the creation of an output, which is the restaurant's Super Burger Special.

7 0
3 years ago
Terrance has $100 that he can invest in a savings account. His bank is willing to pay interest to his account at a rate of 0.04.
katrin [286]

Answer:

25 years

Explanation:

4% of 100 is $4, $4 times 25 is $100

6 0
3 years ago
Read 2 more answers
Jim and Joan owned a farm which produced fruits and vegetables for sale. The farm was located in a heavily populated area. Every
Dahasolnce [82]

Answer:

Highest and best use

Explanation:

The highest and best use principle explains the probable as well as reasonable and legal use of lands that are vacant as well as improved property. This property or land must be financially feasible and be supported appropriately so that the result gives highest value.

6 0
3 years ago
Which of the following conditions will maximize the amount of interest you earn
dsp73
Selecting an account with a high interest rate and leaving his money in the account for a long period of time will maximize the amount of interest you earn.
5 0
3 years ago
Balance sheet data for Alvarez Company on December 31, the end of two recent fiscal years, follow: Current Year Previous Year Cu
IceJOKER [234]

Answer:

Answer in Attachment

Explanation:

Download xlsx
3 0
3 years ago
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