Identify the Item Which Is Not Necessarily a Liability

question 23

Multiple Choice

Identify the item which is not necessarily a liability.

• A) bank overdraft
• B) provision for holiday pay
• C) loan
• D) None of the above, i.e. all are necessarily liabilities.

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Definitions:

Relatively Shallow

Describes an area of water or feature that is not deep compared to its surroundings.

Fracturing

The act or process of breaking or cracking solid materials, often referring to rocks splitting due to physical, chemical, or mechanical forces.

Brittle Conditions

Scenarios in which rocks fracture or break apart rather than deform plastically when subjected to stress, typically occurring at shallower depths.

Relatively Shallow

Describes an area, feature, or process that occurs at a minor depth beneath the surface or water.