Which of the Following Generally Is NOT Considered to Be

question 68

Multiple Choice

Which of the following generally is NOT considered to be a liability?

• A) Notes payable
• B) Taxes payable
• C) Inventory
• D) Accounts payable

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Definitions:

Notes

Written reminders or brief records made to assist in remembering information or topics discussed.

Reading

The process of understanding and interpreting written symbols and texts.

Marked

Graded or evaluated, often used in the context of academic work or assessment to denote that it has been reviewed and given a score or feedback.

Middle Sentences

Sentences that appear between the beginning and ending of a paragraph, usually supporting, explaining, or elaborating on the main idea.