Which Account Is NOT an Example of an Accrued Liability

question 7

Multiple Choice

Which account is NOT an example of an accrued liability?

• A)sales tax payable
• B)wages payable
• C)interest payable
• D)accounts payable

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Definitions:

United States

A country located primarily in North America, consisting of 50 states, a federal district, five major territories, and various minor islands.

Binomial Formula

A mathematical formula used to determine the number of successes in a fixed number of trials in a binomial experiment, given the probability of success in each trial.

Independent

Refers to a variable in an experiment or study that is purposely manipulated or changed to observe its effect on other variables.

Successful Operations

Activities or series of activities within a process which achieve the intended goals or objectives efficiently and effectively.