Which of the Following Is Not a Characteristic of a Liability

question 1

Multiple Choice

Which of the following is not a characteristic of a liability?

• A)There is a probable future sacrifice of resources.
• B)There is a fixed payment amount and payment date.
• C)There is little discretion to avoid the obligation.
• D)The event giving rise to the liability has already occurred.

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Definitions:

Hemoglobin A1C

A form of hemoglobin measured to identify the average plasma glucose concentration over prolonged periods; a key marker in diabetes management.

Diabetes

A chronic condition characterized by high levels of sugar in the blood due to the body's inability to produce or effectively use insulin.

Laboratory Test

A medical procedure that involves the examination of samples taken from the body (blood, urine, tissues, etc.) to assess health, diagnose diseases, or monitor medical conditions.

HIV-positive

The condition of having tested positive for the human immunodeficiency virus, which can lead to AIDS if not treated.