ACC 304 Course Great Wisdom / tutorialrank.com ACC 304 Course Great Wisdom / tutorialrank.com | Page 283

c. Deferred Revenue

d. All of these

27.

Which of the following items is a current liability?

a. Bonds (for which there is an adequate sinking fund properly
classified as a long-term investment) due in three months.

b. Bonds due in three years.