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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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