Which of These Is Not Typically a Non-Current Liability

question 2

Multiple Choice

Which of these is not typically a non-current liability?

• A) Unsecured notes
• B) Mortgage payable
• C) Provision for long service leave
• D) Accounts payable

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Definitions:

Cincinnati

A city in Ohio, United States, known for its historic architecture, vibrant arts scene, and economic contributions, particularly during the 19th century as a major inland port.

Cyrus McCormick's Reaper

An invention by Cyrus McCormick in the 1830s, this mechanical reaper revolutionized agriculture by greatly increasing the efficiency of crop harvesting.

Cotton Production

The agricultural process of cultivating and harvesting cotton, which is a significant crop for the textile industry, historically foundational to economies, especially in the southern United States.