Which of the Following Is Not an Example of a Non-Current

question 7

Multiple Choice

Which of the following is not an example of a non-current liability with instalment payments?

• A)long-term notes payable
• B)deferred revenue
• C)bank loans payable
• D)mortgages payable

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Definitions:

Tacit Collusion

A situation where firms in an oligopoly indirectly coordinate actions without explicit agreement, typically leading to price setting or market sharing that benefits all involved parties.

Ergonomics Regulations

Standards and laws designed to improve safety, comfort, and efficiency by optimizing the design of products and environments for human use.

Social Regulation

Regulations aimed at improving health, safety, welfare, and well-being of citizens, often including environmental and consumer protection laws.

Consumer Product Safety Commission

A U.S. federal agency responsible for protecting the public from unreasonable risks of injury or death from consumer products through regulation, enforcement, and education.