Which of the Following Accounts Is NOT an Example of a Liability

question 76

Multiple Choice

Which of the following accounts is NOT an example of a liability?

• A) Wages payable
• B) Notes payable
• C) Accounts payable
• D) Accounts receivable

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Definitions:

Global Succession-Planning Database

A comprehensive global system for tracking and managing potential successors for key positions within an organization to ensure leadership continuity.

Expatriate Skills

The specific skills and competencies required by individuals who live and work outside their native country.

International Relocation

The process of moving employees to different countries for job assignments, including logistical, cultural, and legal considerations.

Hardship Allowances

Additional financial compensation provided to employees working in conditions considered difficult or stressful, to acknowledge the extra challenges faced.