Which of the Following Is an Example of a Current

question 86

Multiple Choice

Which of the following is an example of a current liability?

• A) Accounts receivable
• B) Fixtures
• C) Accounts payable
• D) Merchandise
• E) Equipment

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Definitions:

Self-Help Groups

A type of support group where members share a common issue or experience and provide mutual aid and understanding to each other.

Unplanned Termination

The unexpected end of a service or relationship prior to the fulfillment of its initial objectives.

Worker

An individual engaged in a particular job or activity, especially one who contributes labor for economic production.

Generic Worker Tasks

Generic worker tasks encompass the common, basic duties and responsibilities applicable across a range of job positions and industries.