Current liabilities are defined as liabilities with a maturity of less than a year.

Name: Current liabilities are defined as liabilities with a maturity of less than a year.
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Current liabilities are those obligations that are expected to be settled within one year from the balance sheet date, or within the company's normal operating cycle, whichever is longer. Examples of current liabilities include accounts payable, accrued expenses, and short-term loans.

Current Liabilities Are Defined as Liabilities with a Maturity of Less