Accounts Payable Is an Example of a Long-Term Liability

question 13

True/False

Accounts payable is an example of a long-term liability.

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Definitions:

Special Characters

Symbols or characters that are not found on a standard keyboard, used to perform specific functions or to represent specific values.

User Accounts

Profiles or identities created for individuals in a system or software, allowing them access to their personal preferences and data.

Rights

Legal, social, or ethical principles of freedom or entitlement; the fundamental norms about what is allowed of people or owed to people.

User Accounts

Digital profiles that represent individuals within a system or platform, enabling them to access services, perform tasks, and save preferences.