Despite the Uncertainty in Relation to the Exact Amount to Be

question 8

Multiple Choice

Despite the uncertainty in relation to the exact amount to be paid and the actual timing of the payment, which of the following is still regarded as a liability?

• A)Deposit on services received in advance.
• B)Provision for employee bonuses.
• C)Accounts payable.
• D)Money borrowed from an associate company.

---

Definitions:

Organizational Reputation

The public perception of a company or institution, influenced by its actions, policies, and achievements.

Electronic Communication

The transmission of information using electronic systems or devices such as email, social media, or text messaging.

Liabilities

Financial obligations or debts that an individual or organization is legally responsible for.

Positive Discipline

A method of teaching and reinforcing desirable behaviors in employees while minimizing negative or punitive measures.