Debts Owed by a Business Are Called

question 101

Multiple Choice

Debts owed by a business are called

• A) assets.
• B) expenses.
• C) liabilities.
• D) equities.
• E) revenues.

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Definitions:

Spread

Refers to the process or act of extending, opening, or unfolding something to cover a larger area or increase its reach.

Male Condoms

A contraceptive device made of latex or other materials that is worn over the penis during sex to prevent pregnancy and reduce the risk of sexually transmitted infections.

Consistent Use

The regular application or practice of a task, tool, or principle over time to ensure reliability or improve efficiency.

Sexually Transmitted Infections

Infections that are primarily passed through sexual contact, including HIV, gonorrhea, and chlamydia.