Management of Current Liabilities Arises, in Part, Because of a Concern

question 6

Multiple Choice

Management of current liabilities arises, in part, because of a concern over

• A) profitability.
• B) liquidity.
• C) timeliness.
• D) materiality.

---

Definitions:

Services

Activities, benefits, or satisfactions offered for sale that are essentially intangible and do not result in the ownership of anything.

World Trade Organization

An international organization designed to supervise and liberalize world trade by providing a forum for negotiation and dispute resolution.

Members

In a business context, individuals or entities that are part of an organization, group, or system with certain rights or obligations.

World Trade

The exchange of goods and services across international borders and territories, impacting global economies, standards of living, and the development of nations.