Which of the Following Would Be a "Non-Current Liability

question 61

Multiple Choice

Which of the following would be a "non-current liability"?

• A)Payment due after 3 years,but the company has violated the debt covenants.
• B)Payment due to a supplier 45 days after year end for supplies received before year end.
• C)Payment due to a supplier in 18 months for goods to be received 3 months after year end.
• D)Payment due after 3 years,on which the debt covenants have been not been violated.

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Definitions:

Principled Negotiations

A negotiation strategy that focuses on finding mutually beneficial solutions by separating the people from the problem, focusing on interests rather than positions, generating a variety of options before deciding, and insisting that the agreement's results be based on some objective standard.

Disputes

Conflicts or disagreements between parties that can arise from differing views, interests, or claims.

Integrative Negotiations

A negotiation strategy focused on creating mutually beneficial agreements by addressing the underlying interests and needs of all parties involved.

Intraorganizational Negotiations

Negotiation processes that take place within an organization, involving internal parties or groups to resolve conflicts, allocate resources, or agree on decisions.