Non-Current Liabilities Represent

question 12

Multiple Choice

Non-current liabilities represent:

• A) amounts due to the owner of the business which are not payable within 12 months.
• B) amounts due to outsiders which are not payable within 12 months.
• C) amounts due and payable to outsiders within 12 months.
• D) Both A and B.

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Definitions:

Window Shoppers

Individuals who browse goods in stores without the intention of making a purchase.

Sensory Adaptation

Sensory adaptation is the process by which sensory receptors become less sensitive to constant stimuli over time.

Hedonistic Consumption

the practice of making purchases based on the desire for pleasure, enjoyment, or luxury rather than necessity.

Biological Differences

The physical and genetic variations observed among different individuals or groups of people.