Which of the Following Accounts Belong in the Liability Section

question 45

Multiple Choice

Which of the following accounts belong in the liability section of a balance sheet?

• A)interest expense
• B)accumulated depreciation
• C)accounts payable
• D)preferred stock

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Definitions:

Dispositional Approach

This approach in psychology focuses on individual personalities as the source of behavior, highlighting inherent personal inclinations.

Organizational Behaviour

The study of how people interact within groups in a workplace setting, focusing on improving job performance and satisfaction.

Weak Situations

Scenarios where the appropriate behavior is not clearly defined, leading to variability in responses.

Strong Situations

Contexts or scenarios that significantly determine individual behavior through clear cues and expected actions.