Which of the Following Describes a Liability

question 51

Multiple Choice

Which of the following describes a liability?

• A) The potential profit from selling a firm's assets and settling all of its debts
• B) A debt owed by a firm to an outside organization or individual
• C) Any economic resource expected to benefit a firm or an individual who owns it
• D) Any economic deficit expected to cost a firm or an individual who owns it
• E) The amount of money originally invested in a business by its owners

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Definitions:

Blood Glucose

The concentration of glucose present in the blood, a vital energy source for the body's cells.

Triglycerides

A type of fat found in the blood, which, in high levels, can increase the risk of heart disease.

Moderate Intensity

A level of exercise or physical activity that raises the heart rate and induces sweating, yet allows one to carry on a conversation.

Omega-3

A type of essential fatty acid found in fish oils and certain plant oils, beneficial for heart health and brain function.