Which of the Following Descriptions Would Not Fit the Definition

question 98

Multiple Choice

Which of the following descriptions would not fit the definition of a liability?

• A) Obligation to deliver services already paid for
• B) Result of past transaction
• C) Future obligation for future salary payments
• D) Present obligation for future payment

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Definitions:

Fluid

Adaptable and flexible in nature, easily able to change or adjust as required.

Ephemeral Content

Content that is only available for a short duration before it disappears, commonly found on platforms like Snapchat and Instagram stories.

Voice Search

A technology that allows users to perform searches on the internet by verbally stating their queries to a compatible device.

Advocacy Marketing

A marketing approach focusing on using current customers to promote a brand, product, or service through their endorsements and recommendations.