Which of the Following Is NOT a Liability

question 17

Multiple Choice

Which of the following is NOT a liability?

• A) provision for warranty
• B) reserves
• C) accrued expenses
• D) revenue received in advance.

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Definitions:

Bodleian

Referring to the Bodleian Library, a famous historical library associated with the University of Oxford.

Numeric

Related to, consisting of, or expressed in numbers or digits, often used in the context of data or information that can be quantified.

Search Term

A word typed into a database or search engine when searching for information.

Search Field

An input area on digital interfaces where users can type in keywords or phrases to locate information or resources.