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    Question

    Which of the following is a non-current

    liability?
    A Bank overdraft repayable on demand Correct Answer Incorrect Answer
    B Deferred tax liability expected to be settled after 12 months Correct Answer Incorrect Answer
    C Trade payables due within 6 months Correct Answer Incorrect Answer
    D Short-term loans maturing within 3 months Correct Answer Incorrect Answer

    Solution

    Deferred tax liabilities are typically classified as non-current, as they are not expected to be settled within the normal operating cycle or 12 months.

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