The Liability Created by a Business When It Purchases Coffee

question 109

Multiple Choice

The liability created by a business when it purchases coffee beans and coffee cups on credit from suppliers is termed a(n)

• A)account payable.
• B)account receivable.
• C)revenue.
• D)expense.

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Definitions:

Stressed

A physical or psychological state resulting from circumstances that feel challenging or threatening.

Experiment

A method of research in the sciences or social sciences in which variables are manipulated to observe the effect on some behavior or mental process.

Stress

The body’s response to any demand or challenge, which can be physical, mental, or emotional, and influences the state of both mental and physical health.

Eating Habits

Patterns or behaviors surrounding how and what individuals consume, often influenced by cultural, familial, and personal factors.