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Doctors Medicines MCQs Q&A

  1. Fixed liabilities
  2. Miscellaneous expenditure
  3. Current liabilities
  4. Contingent liabilities
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1 Answers

Answer: Option 1

Fixed Liabilities are mostly called non- current or long -term liabilities. These refer to the liabilities which are payable after one year. Example may include term loan, bonds, etc.

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