Which of the Following Is Not a Characteristic of a Liability

question 73

Multiple Choice

Which of the following is not a characteristic of a liability?

• A) It represents a probable, future sacrifice of economic benefits.
• B) It must be payable in cash.
• C) It arises from present obligations to other entities.
• D) It results from past transactions or events.

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Definitions:

Null Hypothesis

A statement in statistical analysis that proposes there is no significant difference or effect, intended to be tested against an alternative hypothesis.

Research Hypothesis

A statement suggesting a potential outcome or association that a study is designed to investigate, often proposing how two variables are related.

Null Hypothesis

An assertion that there is no significant difference or relationship between specified populations, groups, or variables.