Which of These Is Not Typically a Non-Current Liability

question 2

Multiple Choice

Which of these is not typically a non-current liability?

• A) Unsecured notes
• B) Mortgage payable
• C) Provision for long service leave
• D) Accounts payable

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Definitions:

Second Stage

The second stage usually refers to an intermediate or development phase in a process, project, or lifecycle, where initial foundations have been built upon but final objectives are not yet reached.

Management

The process of dealing with or controlling things or people, including planning, organizing, leading, and controlling resources to achieve organizational goals.

Buyer

An individual or entity that acquires goods or services in exchange for payment.

Public

Relating to or involving people in general, rather than being limited to a private group or individuals.