Which of the Following Liability Accounts Is Usually Not Satisfied

question 112

Multiple Choice

Which of the following liability accounts is usually not satisfied by payment of cash?

• A) Trade payables.
• B) Unearned revenues.
• C) Taxes payable.
• D) Short-term borrowings.

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Definitions:

Odds

A statistical measure used to express the likelihood of an event occurring, typically presented as the ratio of the event happening to it not happening.

Observational Study

A study in which the researcher observes and records behavior or outcomes without manipulating variables or conditions.

Indicator Variable

A binary variable that takes the value 1 to indicate the presence of a particular feature or condition and 0 to indicate its absence.

Odds Ratio

A measure of association between an exposure and an outcome, indicating the odds of an outcome occurring in the presence compared to the absence of the exposure.