Current Liabilities Could Include All of the Following Except

question 101

Multiple Choice

Current liabilities could include all of the following except:

• A)an accounts payable due in 30 days.
• B)a notes payable due in 9 months.
• C)a bank loan due in 18 months.
• D)any part of long-term debt due during the current period.

---

Definitions:

Maslow Hierarchy

A psychological theory proposed by Abraham Maslow that suggests human needs are arranged in a hierarchy, starting from basic needs such as food and shelter up to self-actualization.

Social

Pertaining to society or its organization, and also often indicating social interactions or social media platforms.

Physiological

Relating to the normal functions of living organisms and their parts.

Psychological

Pertains to the mental processes and behavior of individuals and how they perceive, react, and engage with their environment.