Two Kinds of Noncurrent Liabilities Are

question 24

Multiple Choice

Two kinds of noncurrent liabilities are

• A)deferred liabilities and rescheduled obligations.
• B)bills payable and credit card balances due.
• C)co-signor agreements and bankruptcy judgments.
• D)noncurrent portions of loans with repayment schedules and loans without repayment schedules.

---

Definitions:

Sequential

Occurring or following in a logical order or sequence.

Motives

Internal processes that energize, direct, and sustain behavior towards fulfilling a need or achieving a goal.

Needs

Something that is necessary to survive or thrive.

Need

A requirement essential for an organism's survival, growth, or well-being.