Which of the Following Is Not Reported as a Liability

question 14

Multiple Choice

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

• A) Income taxes payable.
• B) Common stock.
• C)Accounts payable.
• D)Dividends declareD.Common stock is a component of stockholders' equity on the balance sheet.

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Definitions:

Results Method

A performance evaluation approach focusing on the outcomes or outputs of an employee’s work rather than the process.

Forced-Distribution System

A performance management system where employees are ranked in comparison with each other and placed into predetermined performance categories.

Performance Evaluation

The systematic assessment of an employee's work performance, typically conducted through observing, documenting, and analyzing their actions over a period.

Percent Method

A calculation method involving the use of percentages, often applied in finance, statistics, or to determine changes and allocations.