Liabilities Are Amounts Representing

question 110

Multiple Choice

Liabilities are amounts representing:

• A)debts.
• B)items of value.
• C)living expenses.
• D)taxable income.
• E)current assets.

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Definitions:

Anus

The opening at the end of the digestive tract through which feces exit the body.

Premolars

In mammals, teeth positioned between the canines and molars; adapted for crushing and grinding; compare with incisors, canines, and molars.

Incisors

Chisel-shaped teeth of a mammal; adapted for biting and cutting food. Compare with canines, premolars, and molars.

Digestive Tract

The series of hollow organs joined in a long, twisting tube from the mouth to the anus, where digestion and absorption of food occurs.