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:

Significance Level

The probability of rejecting the null hypothesis in a statistical test when it is actually true; commonly used thresholds include 0.05, 0.01, and 0.1.

Attitudes

A settled way of thinking or feeling about someone or something, typically reflected in a person's behavior.

Lower-Class People

A socioeconomic term referring to individuals or groups with lower status, often associated with lower income or wealth.

Family Income

The total amount of money earned by every member of a single household.