Which Is Not a Current Liability

question 47

Multiple Choice

Which is not a current liability?

• A)Accounts payable due in 120 days.
• B)Bank loan due in three years that is in default.
• C)Bonds payable maturing in five years.
• D)Certain held for trading liabilities.

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Definitions:

Public Policy

The principles and actions adopted or proposed by a government to address societal problems or issues, ranging from health care and education to environmental and economic policies.

Poll Results

The outcomes or findings derived from polling, which provide insight into public opinion or preferences on various topics.

Public Trust

The belief and confidence that the public has in the integrity and effectiveness of governmental institutions and their actions.

Political Institutions

Structures and systems within a society that organize, govern, and manage public policy and affairs.