Accounts Payable Is a

question 33

Multiple Choice

Accounts payable is a

• A) Long-term Liability.
• B) Current Asset.
• C) Long-term Asset.
• D) Current Liability.

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Definitions:

Social Entrepreneurship

The practice of starting companies and other organizations to develop, fund, and implement solutions to social, cultural, or environmental issues.

Creative Fundraising

Innovative approaches to raising funds for a project or cause, often involving unique events, campaigns, or strategies that engage potential donors.

Counseling Center

A facility that offers advice and support services to individuals seeking help for various psychological, emotional, or behavioral issues.

Nonprofit

Organizations that operate without the primary goal of earning profits for their owners or shareholders but rather to serve the public good or a specific societal need.