Which of the Following Is an Example of a Liability

question 52

Multiple Choice

Which of the following is an example of a liability account?

• A)Payroll Taxes Expense
• B)FUTA Payable
• C)Salaries and Wages Expense
• D)Cash

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Definitions:

Process-oriented

Focusing on the methods or journey taken to achieve an outcome, rather than the outcome itself.

Noticeable

Easily seen or recognized; capable of being noticed or attracting attention.

Collaborative Construction

A process or approach where multiple individuals or groups work together to create or build something, often involving collective planning, decision-making, and execution.

Collateral Cooperation

The cooperation between a therapist and the client's family, friends, or other agencies to support the client's treatment or well-being.