Which of the Following Is Not Considered a Long-Term Obligation

question 192

Multiple Choice

Which of the following is not considered a long-term obligation?

• A)Contributed capital.
• B)Deferred income taxes.
• C)Capital lease.
• D)Pension liabilities.

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Definitions:

Absolute Value Inequality

An inequality that involves the absolute value of a variable expression and defines a range of solutions.

Solution

A quantity or array of quantities that solve an equation, inequality, or simultaneous equations.

Absolute Value

The distance of a number from zero on the number line, without considering direction; always a non-negative number.

Set Notation

A systematic way of writing sets, often using curly braces and symbols to define elements and operations on sets.