Which of the Following Are Included in Current Liabilities

question 72

Multiple Choice

Which of the following are included in current liabilities?
I.note payable to a supplier in eight months
II.amount due from a customer next month
III.account payable to a supplier that is due next week
IV.loan payable to the bank in fourteen months

• A)I and III only
• B)II and III only
• C)I, II, and III only
• D)I, III, and IV only
• E)I, II, III, and IV

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Definitions:

Resemblance

The state or fact of being similar or bearing a likeness to something else, often used in genetics, social relationships, or visual comparisons.

Evolutionary Psychology

A theoretical approach in psychology that explains human behavior and mental processes through the lens of adaptation and natural selection.

Human Behavior

The range of actions and mannerisms exhibited by humans in conjunction with their environment, social structures, and culture.

Evolutionary Logic

The rationale behind the evolutionary process, explaining how and why species change over time through natural selection and genetic drift.