Current Liabilities Become Due

question 2

Multiple Choice

Current liabilities become due

• A)Within the operating cycle of a business.
• B)Within one year.
• C)When bills have to be paid.
• D)A or B, whichever is longer.
• E)All of these answers are correct.

---

Definitions:

Hierarchy of Needs

A theory in psychology proposed by Abraham Maslow, suggesting that people are motivated by five basic categories of needs: physiological, safety, love/belonging, esteem, and self-actualization, which must be fulfilled sequentially.

Biological Needs

Basic requirements for human survival, such as food, water, shelter, and oxygen.

Social Needs

Fundamental human requirements for belonging, affection, acceptance, and companionship, which are essential for psychological well-being.

Anorexia Nervosa

A psychological and possibly life-threatening eating disorder characterized by an extreme fear of weight gain and a distorted perception of one's body weight or shape.