Liabilities Are Best Described as

question 57

Multiple Choice

Liabilities are best described as

• A)monetary items of value that you own.
• B)financial debts and obligations that you owe.
• C)your net worth.
• D)assets that depreciate over time.
• E)intangible obligations.

---

Definitions:

Sensory

Relating to sensation or the physical senses; transmitted or perceived by the senses.

Phonological

Pertaining to the system of sounds in a language and the rules for their combination and use.

Semantic Networks

A model for understanding human memory in which concepts are linked together based on their meanings and relationships.

Notion

A concept, belief, or idea.