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The Center for Responsive Politics publishes data about dollars spent on lobbying efforts by major companies, industries, and other entities seeking to influence congressional legislation and the political process. The table below lists the industries that spent the most money on lobbying activities in 2011 and 2013:
According to this data, which one of the following statements is true?
Accounts Payable
The amount a company owes to suppliers for items or services purchased on credit.
Accrued Liabilities
Liabilities that have been incurred (i.e., they represent obligations) but have not yet been paid or recorded through the normal invoicing process.
Operating Activities
Activities directly related to the core business operations of a company, including sales, service, and production.
Prepaid Expenses
Payments made in advance for goods or services to be received in the future.
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