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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 Short-term provisions Correct Answer Incorrect Answer
      C Trade creditors Correct Answer Incorrect Answer
      D Long-term borrowings Correct Answer Incorrect Answer
      E Outstanding expenses Correct Answer Incorrect Answer

      Solution

      Explanation:
      Non-current liabilities are obligations payable after 12 months . ·         Long-term borrowings clearly fall under this category ·         Others are short-term obligations

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