Which of the Following Would Not Appear as a Possible

question 69

Multiple Choice

Which of the following would not appear as a possible liability on the balance sheet?

• A) Accounts payable
• B) Retained earnings
• C) Notes payable
• D) Wages payable

---

Definitions:

Realistic Conflict Theory

A theory suggesting that intergroup conflict and prejudice arise from competition between groups for resources or status.

Scarce Resources

Limited or insufficient supplies of commodities or assets that are in demand.

Stereotypes

Overgeneralized beliefs about a particular category of people, simplifying complex individuals to generalized traits.

Brief Interactions

Short and transient exchanges between individuals that may have implications for social and professional relationships.