ACC 205 Week 4 DQ 1 Current Liability/ UOPHELP
For more course tutorials visit www.uophelp.com What is a current liability? From a user of financial statements perspective why do you believe current liabilities are separated from long-term liabilities? Based on your current experience and any additional research you may have done provide two examples of situations where businesses collect monies from customers and employees and reports these amounts as a current liability.
For more course tutorials visit
www.uophelp.com
What is a current liability? From a user of financial statements perspective why do you believe current liabilities are separated from long-term liabilities? Based on your current experience and any additional research you may have done provide two examples of situations where businesses collect monies from customers and employees and reports these amounts as a current liability.
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<strong>ACC</strong> <strong>205</strong> <strong>Week</strong> 4 <strong>DQ</strong> 1 <strong>Current</strong> <strong>Liability</strong> (New)<br />
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<strong>DQ</strong>-1-<strong>Current</strong>-<strong>Liability</strong>-(New)<br />
For more course tutorials visit<br />
www.uophelp.com<br />
What is a current liability? From a user of financial statements perspective why do you<br />
believe current liabilities are separated from long-term liabilities? Based on your current<br />
experience and any additional research you may have done provide two examples of<br />
situations where businesses collect monies from customers and employees and reports these<br />
amounts as a current liability.<br />
Guided Response:<br />
Review several of your peers’ postings and identify the core components of a current<br />
liability. Respond to at least two of your peers and provide recommendations to extend their<br />
thinking. Challenge your peers by asking a question that may cause them to reevaluate if<br />
their example is a current liability.
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