_____ must be paid in less than one year from the date of the financial statement on which it is reported.

Name: _____ must be paid in less than one year from the date of the financial statement on which it is reported.
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Question

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Short-term debt typically has a maturity of less than one year and must be paid within that time frame. Commercial paper, receivables, and marketable securities may or may not have a maturity of less than one year.

_____ Must Be Paid in Less Than One Year from the Date