Correct mark 100 out of 100 question 9 correct mark

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Question Correctdeliver goods at some time in the future.8Mark 1.00 out of1.00Question Correctcollection period, the better.9Mark 1.00 out of1.00Question 10CorrectMark 1.00 out of1.00(T / F) Liabilities result from some past transaction and are obligations to pay cash, provide services, ordeliver goods at some time in the future.Select one:True FalseCorrect.The correct answer is 'True'.
(T / F) Generally, the lower the accounts receivable turnover, the better; and the shorter the averagecollection period, the better.
(T / F) Current liabilities are classified as clearly determinable, estimated, and contingent.Select one:
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