Classify Each of the Following Items as Either

question 153

Essay

Classify each of the following items as either:
A.Current liability
B.Long-term liability
C.Not a liability
1.60-day note payable
2.A loan due in 3 months
3.Salaries payable
4.Debt guarantees
5.FICA taxes payable
6.Income taxes payable
7.A note payable due in 45 days
8.A loan due in 10 years
9.Warranty work completed this year
10.Accounts payable

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Definitions:

Artifacts

Objects made by human beings, typically with cultural or historical interest; in organizational culture, these can also include symbols, rituals, and practices.

Organizational Culture

Pertains to the shared beliefs, values, norms, and practices that shape the social and psychological environment of a business or organization.

Countercultures

Subcultures or groups within a society that significantly differ and may oppose certain aspects of the dominant culture or mainstream values.

Surveillance

The close observation or monitoring of activities or individuals, often used for protection, security, or data gathering.