Which of the Following Accounts Is Not Classified as a Current

question 42

Multiple Choice

Which of the following accounts is not classified as a current liability?

• A) Accounts payable
• B) Note payable, due in three 3 years
• C) Taxes payable
• D) Salaries payable

---

Definitions:

Above-average Vacation

Refers to an employee benefits program that offers more vacation time than the standard or average amount typically provided by employers.

Revealing Behavior

Actions that unintentionally provide insight into someone's thoughts, feelings, or character.

Extreme Form of Empowerment

A highly advanced level of granting power or authority to individuals, often enabling them to make significant decisions.

Work First

A mentality or approach that prioritizes professional responsibilities over other areas of life.