Which Is Not an Example of a Financial Liability

question 29

Multiple Choice

Which is not an example of a financial liability?

• A)Payment to supplier for raw material received.
• B)Obligation to repay a US dollar bank loan.
• C)Obligation under a finance lease.
• D)Obligation under a customer loyalty program.

Identify the differences between intragroup and intergroup conflicts within an organization.

Recognize the importance of emotional control and focusing on relevant issues when managing conflicts.

Grasp the role of cooperation and assertiveness in effectively resolving conflicts.

Understand the benefits of involving employees in organizational decision-making processes.

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Definitions:

Accounts Receivable

Money owed to a business by its clients for goods or services offered on credit.

Current Ratio

A liquidity ratio that measures a company's ability to pay short-term obligations with its current assets.

Supplier

An individual or company that provides goods or services to another entity under terms specified in a contract.

Asset Turnover

A financial metric assessing how well a company utilizes its assets to produce sales income.