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Brian has a Master's degree in electrical engineering and brings 10 years of experience to his current job.He puts in long hours of hard work.Brian receives a salary of $75,000,medical and dental coverage,and two weeks of paid vacation every year.From Brian's perspective,which of the following is an input in the individual-organization exchange relationship?
Notes Payable
Short-term or long-term liabilities representing amounts owed to creditors or lenders, evidenced by a written promissory note.
Account Payable
Money owed by a business to its suppliers shown as a liability on the company's balance sheet.
Account Payable
Obligations or money owed by a company to suppliers or creditors for goods and services received that have not yet been paid for.
Note Payable
A written agreement where one party promises to pay another a definite sum of money at a future date or on demand, sometimes with interest.
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