Multiple choice

Which of the following is non-current liability?

  1. Long term loans

  2. Current liabilities

  3. Bank overdraft

  4. Sundry creditors
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Non-current liabilities are obligations due after more than 12 months. Long-term loans (debentures, term loans) are typically payable over several years, making them non-current. Options B, C, and D are all current liabilities due within 12 months. Option A is correct.

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