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:

Benefit Corporation

A type of legal structure for businesses that seeks to make a positive impact on society, workers, the community, and the environment in addition to profit.

Positive Outcome

A result or effect that is beneficial, desirable, or favorable in terms of meeting objectives or expectations.

Multiple Objective Trap

The difficulty in decision making when facing several objectives that may not be completely compatible with each other.

Base-Of-The Pyramid Markets

Economic strategies focused on providing goods and services to the widest and poorest population segments.