Which Is an Example of a Liability

question 55

Multiple Choice

Which is an example of a liability?

• A)The decision to borrow $150,000 from the ABC Bank on January 15, 2019.
• B)Withdrawing $10,000 from the operating line of credit on January 15, 2019.
• C)Selecting the supplier to provide the raw materials for the manufacturing process.
• D)Choosing the site for a future plant expansion from a list of several possible choices.

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Definitions:

Heavy Accent

A strong or pronounced manner of speech that indicates a person’s regional, geographical, or national background.

Clarification

The act of making a statement or situation less confused and more comprehensible.

Class Lectures

Educational talks or presentations given by teachers or professors as a part of a course curriculum to convey knowledge on a specific topic.

Schedule Clear

Ensuring that a calendar or timetable is free of conflicts or commitments, often to make room for important tasks or events.