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Tags
#analyst-notes #cfa-level-1 #financial-reporting-and-analysis #reading-26-understanding-balance-sheets
Question
Bonds payable, notes payable, deferred income taxes, lease obligations, and pension obligations are the most common [...]
Answer
long-term liabilities.

Tags
#analyst-notes #cfa-level-1 #financial-reporting-and-analysis #reading-26-understanding-balance-sheets
Question
Bonds payable, notes payable, deferred income taxes, lease obligations, and pension obligations are the most common [...]
Answer
?

Tags
#analyst-notes #cfa-level-1 #financial-reporting-and-analysis #reading-26-understanding-balance-sheets
Question
Bonds payable, notes payable, deferred income taxes, lease obligations, and pension obligations are the most common [...]
Answer
long-term liabilities.
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Subject 1. Components and Format of the Balance Sheet
the financial demands of the operating cycle. Long-Term Liabilities These are obligations that are not reasonably expected to be liquidated within the normal operating cycle but instead at some date beyond that time. <span>Bonds payable, notes payable, deferred income taxes, lease obligations, and pension obligations are the most common long-term liabilities. Generally they are of three types: Obligations arising from specific financing situations, such as issuance of bonds, long-term lease obligations, and long-term notes payab

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