Under Which of the Following Categories Would Accounts Payable Appear

question 70

Multiple Choice

Under which of the following categories would Accounts payable appear?

• A) Current liabilities
• B) Current assets
• C) Long-term liabilities
• D) Long-term assets

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Definitions:

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Rapid choices or judgments made with minimal deliberation, often relying on intuition or instinct.

Simple Heuristics

Quick, efficient rules or mental shortcuts that help in decision-making, allowing for rapid judgments or problem-solving with minimal cognitive effort.

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Scientists who study the psychological adaptations of humans to the changing physical and social environment, especially those that are shaped by natural selection.

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Describing something or someone that requires minimal care, effort, or attention to maintain.