Which of the Following Accounts Is Not Classified as a Current

question 147

Multiple Choice

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

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

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Definitions:

Multinational

Referring to a corporation or an entity that operates in multiple countries around the world.

Network

A group or system of interconnected people or things.

Geographic Designs

The arrangement of organizational structures or activities based on geographical regions or locations.

Manager

An individual in an organization responsible for directing and overseeing the work and performance of a group of people.