Discuss the current and long term liabilities

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Reference no: EM13134855

1.) discuss the current and long term liabilities. What differentiates these two categories, which should be relatively easy.
2.) Then what must do occasionally to make sure we have the proper amounts in long-tem and short-term debt.
3.) Define accrued liabilities and why these may be rather hard to determine.
4.) What are the three conditions behind contingent liabilities and give an example of each case.

Reference no: EM13134855

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