Which of the Following Accounts Is Not a Liability on the Balance

question 113

Multiple Choice

Which of the following accounts is not a liability on the balance sheet?

• A)Retained earnings.
• B)Notes payable.
• C)Accounts payable.
• D)Interest payable.

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Definitions:

Theory Y

A management notion that assumes employees are inherently motivated and enjoy their job duties.

McGregor

Douglas McGregor, an influential management thinker best known for his Theory X and Theory Y, which describe two contrasting models of workforce motivation and behavior.

Pareto Analysis

A statistical technique in decision-making used for the selection of a limited number of tasks that produce significant overall effect.

Frederick Taylor

A mechanical engineer who is considered the father of scientific management, focusing on improving industrial efficiency through systematic study of work processes.