Which of the Following Accounts Is a Liability

question 35

Multiple Choice

Which of the following accounts is a liability?

• A)Accounts payable
• B)Prepaid expenses
• C)Service revenue
• D)Salary expense

---

Definitions:

Distribution

The process by which goods or services are delivered from the producer or supplier to the end-user.

Opportunistic Infections

Infections that occur more frequently or are more severe in individuals with weakened immune systems, such as those with HIV.

Diagnosed

The identification of the nature of an illness or other problem by examination of the symptoms.

AIDS

Acquired Immune Deficiency Syndrome, a life-threatening condition caused by the human immunodeficiency virus (HIV), leading to a severe weakening of the immune system.