Which of the Following Is a Liability

question 28

Multiple Choice

Which of the following is a liability?

• A)Drawings.
• B)Prepaid insurance.
• C)Accounts payable.
• D)Cash at bank.

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Definitions:

Projects

Planned tasks or activities that require effort and organization to achieve specific goals.

Frustrated

Feeling upset or annoyed, often due to inability to change or achieve something, leading to a sense of dissatisfaction and helplessness.

Home-Learning Activity

Educational tasks or projects assigned to students to be completed outside of school hours, often with the aim of reinforcing classroom learning.

Homework

Assignments given to students by their teachers to be completed outside the classroom.