Which of the Following Accounts Is an Example of a Liability

question 17

Multiple Choice

Which of the following accounts is an example of a liability?

• A)Bills payable
• B)Service revenue
• C)Accounts receivable
• D)Building

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Definitions:

Illegal Logging

The unauthorized harvesting, transporting, buying, or selling of timber in violation of national laws.

Conflicts

Disagreements or disputes arising from differing interests, values, or beliefs between individuals or groups.

You-Attitude

A communication style that focuses on addressing the needs, interests, and concerns of the person being spoken to.

Groupthink

The tendency for a group to reward agreement and directly or indirectly punish dissent.