Which Items Would Be Classified as Liabilities

question 28

Multiple Choice

Which items would be classified as liabilities?

• A) Accounts payable, unearned revenue, pension liabilities.
• B) Common stock, retained earnings, bonds payable.
• C) Commitments and contingencies, additional paid-in capital, notes payable.
• D) Deferred taxes, accrued expenses, treasury stock.

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Definitions:

Family Structure

The composition and organization of a family unit, including the number and relationships of parents and children, which can influence the socialization and development of individuals.

Angry

A strong feeling of annoyance, displeasure, or hostility, often stemming from a perceived wrong or frustration.

Family Rules

Set guidelines or expectations established by the family unit to govern behaviors and maintain order within the household.

School

An institution designed to provide learning environments and learning spaces for the teaching of students or pupils under the guidance of teachers.