Which of the Following Would Be Considered a Long-Term Liability

question 89

Multiple Choice

Which of the following would be considered a long-term liability?

• A) Mortgage payable
• B) Notes payable
• C) Accounts payable
• D) Land

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Definitions:

Gestalt

A theory in psychology that emphasizes the human mind and behavior as a whole, rather than breaking it down into individual components.

Psychoanalytical

Relating to the theory and method of therapy that delves into the unconscious, exploring motivations, conflicts, and defensive mechanisms.

Psychoanalytic Theory

A theory of personality organization and the dynamics of personality development that guides psychoanalysis, developed by Sigmund Freud.

Social Cognitive Theory

A theory in psychology that suggests learning occurs in a social context and can happen purely through observation or direct instruction, even in the absence of motor reproduction or direct reinforcement.