Which Statement Is Correct

question 53

Multiple Choice

Which statement is correct?

• A)HST payable is a financial liability.
• B)Bank overdraft is a non-financial liability.
• C)Unearned revenue is a non-financial liability.
• D)Unearned subscriptions are a financial liability.

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Definitions:

Moving Soil

Refers to the process of relocating topsoil or substrata from one location to another, often in landscaping and agricultural practices.

Acidic Soil PH

Soil that has a pH level below 7, indicating a higher concentration of hydrogen ions and often requiring adjustment for certain plant growth.

Macronutrient

An essential element required in fairly large amounts for normal growth. Compare with micronutrient.

Calcium

A chemical element with the symbol Ca, essential for living organisms, particularly in cell physiology, where it plays a key role in signal transduction pathways, bone structure, and teeth strength.