Which of the Following Is a Liability

question 1

Multiple Choice

Which of the following is a liability?

• A)provision for doubtful debts
• B)accumulated depreciation
• C)deferred revenue
• D)revenue receivable

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Definitions:

Investment Project

An initiative to allocate resources with the expectation of achieving future returns.

Present Discounted Value

The current worth of a future sum of money or stream of cash flows given a specified rate of return, used in discounting to calculate the present value of future earnings or obligations.

Future Income

Expected earnings or revenue that an individual or business anticipates receiving in the future.

Interest Rate

The percentage charged on the total amount of borrowed money or paid on saved or invested capital.