The Largest Part of Business Accounts Payable Are Normally

question 87

Multiple Choice

The largest part of business accounts payable are normally

• A)the monthly payroll owed to employees.
• B)obligations of our firm that were obtained by purchasing inventory on credit.
• C)the monthly obligations that were contracted for,like mortgage payments,insurance,and utilities.
• D)obligations of a firm that were accumulated and are owed to governmental agencies.

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Definitions:

Government Support

Financial or policy assistance provided by governmental bodies to individuals, organizations, or industries.

Nonprofits

Organizations primarily motivated by a mission rather than profit, often focused on cultural, educational, charitable, or social activities.

Grant Proposal

A written request for financial support, typically submitted to a foundation or government agency, outlining a project's goals, methodology, and budget.

Policy Arena

The sphere or context within which policy debates, decision-making, and implementation occur, involving various stakeholders like governments, organizations, and the public.