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

question 45

Multiple Choice

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

• A)A charge accountpayment
• B)A mortgage
• C)An installment loan
• D)An amount due for taxes
• E)The amount due on a credit card

---

Definitions:

Advertising Behavior

The strategies and tactics used by companies to promote their products or services, often influencing consumer perceptions and demand.

One-Time Game

A strategic interaction (game) between two or more parties (players) that all parties know will take place only once.

Advertising Budgets

The allocation of financial resources by businesses towards promotional activities aimed at generating sales or awareness for their products or services.