Which of the Following Is an Example of a Deferred

question 45

Multiple Choice

Which of the following is an example of a deferred creditor?

• A) Liquidator's remuneration
• B) Arrears of preference dividends
• C) Trade creditors
• D) Audit fees payable

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Definitions:

Services

Intangible products such as maintenance, repair, advice, or entertainment that are consumed at the point of delivery.

Shortest Processing Time

A rule used in scheduling to prioritize tasks based on the least amount of time required to complete each task, aiming to reduce job completion time and minimize work-in-process inventory.

Average Flow Time

The average time that it takes for a unit to pass through a particular process or system from start to finish.

Johnson's Rule

A scheduling technique that minimizes the total elapsed time required to complete a group of jobs on two machines or in two process stages.