Which of the Following Is NOT a Liability

question 5

Multiple Choice

Which of the following is NOT a liability?

• A) Provision for warranty
• B) Prepayments
• C) Accrued expenses
• D) Revenue received in advance

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Definitions:

Learning Disability

A condition giving rise to difficulties in acquiring knowledge and skills to the level expected of those of the same age, especially when not associated with a physical handicap.

Intelligence

The ability to acquire and apply knowledge and skills, including the capacity for logic, understanding, self-awareness, learning, emotional knowledge, planning, and problem-solving.

Logical Fallacy

An error in reasoning that renders an argument invalid, often used in persuasive speech to deceive or mislead.

VARK Score

A measurement derived from a questionnaire that identifies individual learning preferences across four categories: Visual, Aural, Read/Write, Kinesthetic.