Liabilities of a Company Would not Include

question 68

Multiple Choice

Liabilities of a company would not include

• A) notes payable.
• B) accounts payable.
• C) salaries and wages payable.
• D) cash.

---

Definitions:

Facility Expenses

Costs associated with operating and maintaining physical buildings or structures used in the production of goods or services.

Spending Variance

The difference between the actual amount spent and the budgeted or expected amount, which can be favorable or unfavorable.

Tenant-Days

A measure used in hospitality and property management to calculate the total number of days that tenants or guests occupy a space over a certain period.

Net Operating Income

The profit generated from a company's core business operations, excluding deductions of interest and taxes.