Match Each of the Following Terms Pertaining to Liabilities to Their

question 97

Multiple Choice

Match each of the following terms pertaining to liabilities to their definitions.
-Accounts that will be satisfied within one year or the next operating cycle.

• A)Current liability
• B)Accounts payable
• C)Notes payable
• D)Discount on notes payable
• E)Current maturities of long-term liabilities
• F)Accrued liabilities
• G)Contingent liability
• H)Estimated liability

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Definitions:

Social Citizenship

The rights and obligations of citizens in a society, particularly concerning social welfare and participation in the social life of the community.

Civil Citizenship

The status and rights accorded to an individual within a state, including civil liberties, political rights, and the obligation to follow the law.

Economic Citizenship

A concept related to how citizens engage with the economic system of their country, including the rights and responsibilities that come with this engagement.

Political Citizenship

The status of being a member of a state or nation, including the rights, duties, and privileges associated with that membership.