Which of the Following Would Be Classified as a Long-Term

question 70

Multiple Choice

Which of the following would be classified as a long-term liability on the balance sheet at December 31, 2010?

• A) Accounts payable, 30-day account.
• B) Notes payable, due November, 2011.
• C) Notes receivable, matures April, 2012.
• D) Mortgage payable, due January, 2013.

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Definitions:

Baseline Scores

Initial measurements taken at the start of a study or project against which future scores or results can be compared.

Outcome Evaluation

A process of systematically assessing the results of a program or intervention to determine its effectiveness in achieving intended goals.

Firing

The act of terminating someone's employment due to various reasons, such as performance issues, misconduct, or organizational changes.

Empathically

Acting with an understanding of and sensitivity to another's feelings or emotions.