Which of the Following Is an Example of a Deferred

question 12

Multiple Choice

Which of the following is an example of a deferred creditor?

• A) Trade creditors.
• B) Audit fees payable.
• C) Liquidator's remuneration.
• D) Arrears of preference dividends.

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Definitions:

Outflows

Cash or other resources going out of an entity, typically associated with expenses or investments.

Accelerated Depreciation

A depreciation method that expenses asset cost more rapidly in the initial period of its life.

Tax Purposes

The specific reasons or considerations for calculations or filings as required by tax laws.

Impairment Tests

Assessments to determine if an asset's carrying amount exceeds its recoverable amount, indicating a loss in value.