Which of the Following Would Be Considered an Estimated Liability

question 110

Multiple Choice

Which of the following would be considered an estimated liability?

• A)Notes payable
• B)Warranties payable
• C)Pending litigation
• D)Sales tax payable

---

Definitions:

Problems and Concerns

Issues, obstacles, or worries that need to be addressed or resolved within any given context or environment.

Negotiation Style

The approach or method individuals use when seeking to resolve differences and reach agreements in personal or professional contexts.

Major Concessions

Significant compromises or allowances made during negotiations aiming to reach an agreement.

Quickly Toward

A phrase indicating rapid movement or progression in the direction of a particular goal, target, or outcome.