Which of the Following Are Included in Current Liabilities

question 72

Multiple Choice

Which of the following are included in current liabilities?
I.note payable to a supplier in eight months
II.amount due from a customer next month
III.account payable to a supplier that is due next week
IV.loan payable to the bank in fourteen months

• A)I and III only
• B)II and III only
• C)I, II, and III only
• D)I, III, and IV only
• E)I, II, III, and IV

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Definitions:

Customer Relationship

The interactions and bond between a business and its customers, focusing on long-term engagement and satisfaction.

Service Orientation

A business approach that prioritizes customer satisfaction and delivers quality service as a fundamental value and goal.

Societal Marketing Concept

A marketing approach that considers not only the demands of consumers but also the interests of society as a whole by focusing on sustainability and ethical practices.

Social Responsibility

The obligation of companies to act in ways that benefit society at large, beyond their own interests or profit.