Which of the Following Is Generally Considered to Be a Liability

question 57

Multiple Choice

Which of the following is generally considered to be a liability?

• A) Accounts receivable
• B) Capital stock
• C) Notes payable
• D) Retained earnings

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Definitions:

Wireless Networks

Communication networks that utilize radio waves or microwaves to connect devices and enable data transmission without physical connections.

Wireless Payment Service

A payment method that allows customers to make transactions using wireless technology, often through mobile devices without physical card swiping.

NFC

Near Field Communication, a set of communication protocols that enable two electronic devices, one of which is usually a portable device such as a smartphone, to establish communication by bringing them within 4 cm of each other.