Examlex
Martin Seligman noted that phobias seem to be quite selective, involving only certain stimuli. To explain this, Seligman proposed that:
Deferred Revenues
Deferred revenues are payments received by a company for goods or services that have not yet been delivered or performed, recognized as liabilities on the balance sheet.
Long Term Liabilities
Financial obligations of a company that are due beyond one year, including bonds payable, long-term loans, and lease obligations.
Current Liability
A company's debts or obligations that are due within one year or within the normal operating cycle of the business.
Cash
Liquid currency and assets that can be readily converted to known amounts of cash.
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