Which Is Not an Example of a Financial Liability

question 29

Multiple Choice

Which is not an example of a financial liability?

• A)Payment to supplier for raw material received.
• B)Obligation to repay a US dollar bank loan.
• C)Obligation under a finance lease.
• D)Obligation under a customer loyalty program.

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Definitions:

Construct Validity

The degree to which a test or instrument measures the theoretical construct it is intended to measure.

Extraverted

Describes a person who is outgoing, sociable, and derives energy from interacting with other people.

Alcohol Exposure

The extent to which an individual comes into contact with alcohol, affecting their physiological and psychological state.

Alcoholism

Alcoholism, also known as alcohol use disorder, is a condition characterized by an impaired ability to stop or control alcohol use despite adverse social, occupational, or health consequences.