Which of the Following Is Not a Liability

question 42

Multiple Choice

Which of the following is not a liability?

• A)Notes payable
• B)Current portion of long-term debt.
• C)An unused line of credit.
• D)Unearned revenue.

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Definitions:

LEGO

A popular line of plastic construction toys that are manufactured by The LEGO Group, a company based in Denmark.

Small Kids

Young children, typically under the age of six, characterized by early stages of development and learning.

Owned Media

Channels that are controlled by an organization or brand, such as websites, blogs, or social media accounts, through which it can communicate directly with its audience.

Shared Media

Content that is associated with social media, but more of an interactive medium where conversations and dialogue emerge as the result of the content being shared.