Which of the Following Liability Accounts Is Usually Not Satisfied

question 9

Multiple Choice

Which of the following liability accounts is usually not satisfied by payment of cash?

• A) Taxes payable.
• B) Trade payables.
• C) Unearned revenues.
• D) Short-term borrowings.

---

Definitions:

Objective Methods

Techniques or procedures that are based on factual and measurable data, used to obtain unbiased results.

Psychoanalytic Theory

A theory of personality development and therapeutic framework that emphasizes unconscious motives and conflicts, developed by Sigmund Freud.

Humanist Theory

A psychological perspective that emphasizes the study of the whole person and the uniqueness of each individual, often associated with concepts of free will and self-actualization.

Genetic Theory

A theory that explains traits, behaviors, and conditions primarily through the influence of genetic information and heredity.