Which of the Following Is a Short-Term Liability of a Corporation

question 49

Multiple Choice

Which of the following is a short-term liability of a corporation?

• A)accounts payable
• B)taxes payable
• C)commercial paper
• D)all of the above

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Definitions:

Object Permanence

The understanding that objects continue to exist even when they cannot be seen, heard, or touched, which develops in infancy.

Transformation

A comprehensive change or conversion in form, appearance, nature, or character.

Reintegrative Stage

The period of late adulthood during which the focus is on tasks that have personal meaning.