Which of the Following Accounts Could Not Be Classified as a Current

question 95

Multiple Choice

Which of the following accounts could not be classified as a current liability?

• A)Unearned revenues.
• B)Accounts payable.
• C)Notes payable (due in 11 months).
• D)Current portion of long-term note payable.
• E)Notes payable (due in 5 years).

---

Definitions:

Mental Health Parity

The principle that insurance benefits for mental health conditions should be equal to benefits for physical health conditions.

Addiction Equity Act

A law aiming to ensure that insurance coverage for mental health and substance use disorder is no less favorable than coverage for physical health conditions.

Insurance Reimbursement Limitations

Restrictions or caps placed by insurance companies on the amount they will pay for certain medical services or treatments.

Patient Problem Areas

Pertains to the specific issues or conditions that a patient is experiencing which require medical or psychological attention.