The Obligations and Debts of a Business Are Referred to As

question 123

Multiple Choice

The obligations and debts of a business are referred to as:

• A)equities.
• B)assets.
• C)dividends.
• D)liabilities.

---

Definitions:

Black and White

Often used to describe situations that are viewed in terms of two clear, opposing positions or choices, with no gray areas in between.

Dim Light

A lighting condition characterized by a low level of illumination, often creating a subdued or intimate atmosphere.

Receptor Eye

Specialized cells located in the eye that convert light into neurotransmitters to produce visual images. This term is not exactly standard, and a more accurate phrase might be "photoreceptor cells in the eye."

Rod

A type of photoreceptor cell in the retina that is highly sensitive to light, enabling vision in low-light conditions.