Current Liabilities Include

question 22

Multiple Choice

Current liabilities include

• A)amounts due from suppliers for credits on accounts due to returns
• B)taxes withheld from employees' payroll checks which must be remitted to the IRS.
• C)amounts paid for warranty repairs during the current year.
• D)cash dividends to be declared by the board of directors during the next six months.

---

Definitions:

Immunization

A process that stimulates the body’s immune system by causing production of antibodies to defend against attack by a particular contagious disease. Creation of antibodies may be accomplished either naturally (by having the disease), by injection, by drops that are swallowed, or by a nasal spray.

Lethal Disease

A fatal illness capable of causing death.

Breast Milk

The milk produced by human breasts intended for infant feeding, rich in nutrients and antibodies.

Micronutrients

Essential vitamins and minerals required in small quantities for the proper functioning of the body's processes, including growth, development, and disease prevention.