Very Often, Failure to Record a Liability Means Failure to Record

question 194

Multiple Choice

Very often, failure to record a liability means failure to record a(n)

• A)revenue.
• B)asset conversion.
• C)footnote.
• D)expense.

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Definitions:

Linguistic Concepts

The ideas and rules that underlie the structure and usage of a language, including grammar, semantics, and syntax.

Plural

The form of a noun that typically denotes more than one person, place, thing, or idea.

Past Tense

A grammatical term indicating that an action or condition occurred at a previous time.

Productive Vocabulary

The set of words an individual can produce or use actively in communication, as opposed to words recognized passively.