Which of the Following Items Would NOT Be Recognised as a Liability

question 2

Multiple Choice

Which of the following items would NOT be recognised as a liability?

• A) advances from customers for goods and services to be delivered later
• B) warranty on products sold during the year
• C) final dividend recommended by directors,prior to the annual meeting
• D) a dispute with a customer where there is some possibility that the company could lose the dispute.

Comprehend the supply routes of major arteries to specific organs and limbs.

Describe the role of specific arteries in supplying blood to particular regions or organs.

Understand the flow of blood through the circulatory system, including the direction of blood flow in veins and arteries.

Recognize the significance of specific veins in draining blood from regions or organs to the heart or larger veins.