Which of the Following Is NOT a Liability

question 3

Multiple Choice

Which of the following is NOT a liability?

• A) accrued expenses
• B) accrued revenue
• C) unearned revenue
• D) deferred revenue.

---

Definitions:

Geometric Average Return

A method for calculating the average rate of return on an investment, which accounts for the effects of compound interest.

Rates of Return

The gains or losses on an investment over a specified period, expressed as a percentage of the investment's cost.

Normal Distribution

A bell-shaped frequency distribution curve that is symmetrical about the mean, showing how data points, like stock returns, are dispersed or spread out.

Standard Deviation

Standard deviation is a statistical measure of the dispersion or variance in a dataset, commonly used to assess volatility in finance.