Which of the Following Is Not a Current Liability

question 92

Multiple Choice

Which of the following is not a current liability?

• A)A liability due within one year for a business with a fifteen-month operating cycle.
• B)A liability due within three months for a business with a two-month operating cycle.
• C)A liability due within one year for a business with a nine-month operating cycle.
• D)A liability due within fifteen months for a business with a one-year operating cycle.

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Definitions:

Soil Salinization

The accumulation of soluble salts in soil to levels that negatively impact agricultural productivity, often caused by improper irrigation practices.

Compaction

Compaction is the process of applying force to compress soil or material, which increases density and stability, but can affect water infiltration and root growth.

Primary Succession

The process of habitat colonization and ecosystem development in an area where no community previously existed, such as on bare rock.

Soil Formation

The process by which weathering of rock and organic interactions lead to the development of soil layers or horizons, essential for plant growth.