Which of the Following Is Not a Current Liability

question 21

Multiple Choice

Which of the following is not a current liability?

• A)Accounts payable.
• B)A note payable due in 2 years.
• C)Accrued interest payable.
• D)Sales tax payable.

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Definitions:

School Desegregation

The process of eliminating racial segregation in schools, often through legal and social efforts, to ensure equal educational opportunities for all races.

Federal Court Orders

Judicial mandates issued by a federal court to enforce a legal right or redress a legal wrong.

Justice Department

The U.S. Department of Justice, responsible for the enforcement of the law and administration of justice.

Thirteenth

Refers to the Thirteenth Amendment of the United States Constitution, which abolished slavery and involuntary servitude, except as punishment for a crime.