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Is short term debt the same as current liabilities?
Current liabilities are liabilities that are due within 12 months. Short term debt is a current liability. However, there are other current liabilities. For example, taxes payable, interest payable, wages payable, accounts payable. Therefore, short term debt is not the same as current liabilities. (Short term debt is a current liability, but not all current liabilities are short term debt.)
Current maturities of long-term debt?
Current maturities of long term debt means that portion of debt which is payable in current fiscal year.
What is the current portion of long-term debt classified with?
Current portion of long term loan is classified as current liability and shown under current liability section of balance sheet.
Is it true all long term liabilties become current liabilities?
Long term liability becomes the current liability in that year in which it is to be cleared so Yes, long term liability become current liability.
How does current assets and current liabilities work together?
Current liabilities are the source of creating creating current assets. Current assets bring in cash to meet the current liability. Thus they represent the short term sources and short term uses.
What is the word that describes a current officeholder who is running again for the same office?
The correct term for a current officeholder who is running for re-election is "incumbent."
What is term limit?
A term limit is a legal restriction that limits the number of terms an officeholder may serve in a particular elected office.
What is another word for officeholder?
incumbent
Three parties of Australian government?
The Australian Labor Party (ALP) - current federal officeholder Liberal Party National Party (these two make up the Coalition and the official Opposition The Greens
How long is a term of congress for senator?
Congress and the Senate are two separate houses, so a Congressmen serves a term in Congress, and a Senator serves in the Senate. A term for a Representative in the House is two years. Senators serve a term of six years. There is no limits on how many terms either officeholder may run for reelection.
An incumbent is?
The incumbent is the current holder of a political office. This term is usually used in reference to elections, in which races can often be defined as being between an incumbent and non-incumbent
What are the compound words that has the word office in it?
A compound word for office is officeholder.
After an officeholder is impeached who has the sole power to try the case?
Its either the Senate, Supreme Court, House of Representatives, or electoral collage.
What does current term mean?
Term in office. 4 years for president. The current term is the current 4 year period but is used for school semesters and other periods described as a "term".
Are the 'term loans' current assets or fixed assets?
if loans given for short term period then current assets but if given for long term then non-current assets.
Are investments current assets or other assets?
If investments are for short term then these are current assets but if these are for long term then non-current assets.
Who was the first vice president that became president when the previous officeholder died?
John Tyler
