Which of the Following Liabilities Are Not Related to the Operating

question 82

Multiple Choice

Which of the following liabilities are not related to the operating cycle?

• A) Salaries and wages payable
• B) Accounts payable
• C) Utilities payable
• D) Bonds payable

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Definitions:

Face Value

Face value refers to the nominal or dollar value printed on a security or financial instrument, such as a bond or stock certificate.

Principal Amount

The initial size of a loan or debt on which interest is calculated, or the original investment amount in a financial instrument.

Maturity

The date on which a financial obligation must be repaid in full.

Zero-Coupon Bond

A debt security that does not pay interest but is traded at a deep discount, rendering profit at maturity when the bond is redeemed for its full face value.