A liability shall be classified as current when it satisfies any of the following criteria,...

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Accounting

A liability shall be classified as current when it satisfies any of the following criteria, except

a. It is expected to be settled in the entity's normal operating cycle b. It is due to be settled within twelve months after the balance sheet date c. It is held primarily for the purpose of being traded d. The entity has an unconditional right to defer settlement of the liability for at least twelve months after the balance sheet date

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