Which of the Following May Be a Liability of a Business

question 29

Multiple Choice

Which of the following may be a liability of a business enterprise?

• A) share capital
• B) wages payable
• C) retained profits
• D) marketable security.

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Definitions:

Group Brainstorming

A collaborative idea generation technique where a group of people come together to solve a problem or generate creative ideas.

Enhance Existing Ideas

The process of improving or further developing current concepts, products, or services to create added value or solve additional problems.

Development Strategy

A plan or course of action designed to achieve long-term growth, improvement, or expansion in a particular area or domain.

Preexisting Information

Information that was already available or known before the current context or situation.