Based on the Available Evidence,which of the Following Groups Benefits

question 70

Multiple Choice

Based on the available evidence,which of the following groups benefits most from mandatory seat belt laws?

• A)automakers
• B)pedestrians
• C)drivers
• D)owners of collision-repair shops

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Definitions:

Federal Income Taxes Payable

The amount of income tax a company or individual owes to the federal government, which is due within the tax filing period.

Current Liabilities

Short-term financial obligations that are due within one year or within the normal operating cycle of a business, whichever is longer.

Unearned Revenues

Income received by a company for goods or services that have yet to be provided, recorded as a liability on the balance sheet.

Prepaid Expenses

Costs that are paid in advance for goods or services, which are recognized as expenses over time as the benefits are received.