All of the Following Are Considered to Be Long-Term Liabilities

question 64

Multiple Choice

All of the following are considered to be long-term liabilities for Parsons Company except

• A)bonds issued this year (due in ten years).
• B)the payment due in three years for a three-year lease signed this year.
• C)the current year portion of deferred taxes.
• D)the principal of a note payable signed this year but due in five years.

---

Definitions:

Paper-and-pencil Honesty Test

A test method utilizing paper and pencil for evaluating a candidate's truthfulness and moral integrity, commonly used in employment settings.

Polygraph Test

A lie detector test that measures and records several physiological indicators such as blood pressure, pulse, and perspiration.

Cognitive Ability Test

A pre-employment assessment that measures an individual's capability to perform tasks and solve problems.

Personality Inventory Test

A type of psychological test that assesses various aspects of a person's character or psychological makeup, often used in hiring processes.