Accounts Payable Is Generally Listed First Under Long-Term Debt

question 98

True/False

Accounts Payable is generally listed first under long-term debt.

---

Definitions:

Professional Manager

A person responsible for controlling or administering all or part of a company or similar organization.

Investment Goals

Objectives or targets set by an individual or institution for their investment activities, often to guide decision-making.

New York Stock Exchange

One of the largest stock exchanges in the world located at Wall Street, New York, where securities are bought and sold.

Tokyo Stock Exchange

A major stock market exchange in Japan, serving as a hub for the trading of stocks, bonds, and other securities.