The Liability Created by a Business When It Purchases Coffee

question 109

Multiple Choice

The liability created by a business when it purchases coffee beans and coffee cups on credit from suppliers is termed a(n)

• A)account payable.
• B)account receivable.
• C)revenue.
• D)expense.

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Definitions:

Continue To Work

The ongoing commitment or action of remaining employed or engaging in work activities, possibly despite challenges or reaching retirement age.

Online Applications

Forms or processes by which individuals can apply for jobs, memberships, services, or other programs through the internet.

Recruiting Costs

Expenses incurred by an organization in the process of finding and hiring new employees.

Applicant Pool

The group of candidates who have applied for a particular job or position, from which an employer can select hires.