Which of the Following Accounts Is an Example of a Liability

question 17

Multiple Choice

Which of the following accounts is an example of a liability?

• A)Bills payable
• B)Service revenue
• C)Accounts receivable
• D)Building

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Definitions:

Lifetime Prevalence

The proportion of individuals in a population that at some point in their life (up to the time of assessment) have experienced a particular event or condition.

Cognitive-behavioral Therapy

A method in psychotherapy aimed at correcting maladaptive emotions, behaviors, and beliefs through a structured, objective-focused procedure.

Feared Behaviors

Actions or reactions that are avoided due to associated anxiety, fear, or phobia.

Social Skills

The abilities necessary for effective interpersonal interactions and communication, including listening, empathy, and conflict resolution.