Which of the Following Is not Classified as a Current

question 62

Multiple Choice

Which of the following is not classified as a current liability account?

• A)Accounts payable
• B)Note payable,due in 2 years
• C)Salaries and wages payable
• D)Income taxes payable

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Definitions:

Political Risk

The risk of losing money due to changes in a country's political landscape or government policies that negatively affect investments.

International Diversification

The strategy of spreading investment risk by purchasing assets in various countries, aiming to reduce overall investment risk.

International Financial Management

The discipline concerned with managing financial resources in a global market, including investment, financing strategies, and risk management across borders.

Cultural Heritages

The legacy of physical artifacts and intangible attributes of a group or society that are inherited from past generations, maintained in the present, and bestowed for the benefit of future generations.