The Following Items (In Thousands) Are Taken from the Financial

question 165

Multiple Choice

The following items (in thousands) are taken from the financial statements of Huang Company for the year ending December 31, 20114: What are total non-current liabilities at December 31, 20114?

• A) ¥0
• B) ¥210,000
• C) ¥264,000
• D) ¥270,000

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Definitions:

Zoned

Pertains to areas designated for specific uses, such as residential, commercial, or industrial, under local land use regulations.

Voidable

A legal term describing a transaction or action that is valid until annulled by one of the parties involved, usually because of factors like misrepresentation or coercion.

Puffing

In sales, puffing refers to exaggerated or hyperbolic statements about a product or service that are subjective opinions, not intended to be taken as facts.

Fraud In The Execution

A deceitful practice in legal dealings where a person is deceived into signing a document not knowing its true nature.