An Example of a Current Liability Is

question 29

Multiple Choice

An example of a current liability is

• A)a loan secured by a mortgage and payable in 8 months.
• B)any loan payable to a bank.
• C)all accounts due from customers within the next year.
• D)a note payable in full in 18 months.
• E)an account due from a customer that is past due.

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Definitions:

Serous Membrane

A thin, transparent tissue that lines certain internal cavities of the body, secreting a lubricating fluid.

Integument

The covering of the body, including skin, hair, feathers, scales, and nails, which serves as protection from external damage.

Transitional Epithelium

A type of epithelium that can stretch and contract, found lining organs such as the bladder.

Pseudostratified Epithelium

A type of tissue lining some air passages and glands, appearing layered due to cell nuclei at different levels, though each cell contacts the basement membrane.