Multiple Choice
Which of the following accounts is classified as a liability account?
26
views
9. Current Liabilities
Types of Liabilities
Back9. Current Liabilities
Types of Liabilities
- Multiple ChoiceWhich of the following situations is most likely to create a deferred tax asset?26views
- Multiple ChoiceThe interest rate a company pays on its loans depends in part on which of the following?23views
- Multiple ChoiceWhich of the following is a long-term liability?3views
- Multiple ChoiceWhich type of loan most often involves long-term repayment over 30 years?28views
- Multiple ChoiceWhich of the following is not usually considered an insurable loss for a business liability?22views
- Multiple ChoiceWhere do the funds to pay out workers’ compensation claims typically come from?20views
- Multiple ChoiceWhen a company borrows money from a bank, which of the following accounts are affected?21views
- Multiple ChoiceWhich one of the following is NOT considered a payroll liability?20views
- Multiple ChoiceWhich type of ratios measure the degree to which a firm relies on borrowed funds in its operations?27views
- Multiple ChoiceWhich of the following actions would increase your total loan balance (liabilities) on the balance sheet?23views
- Multiple ChoiceA promissory note used as a debt instrument without any related collateral is called:19views
- Multiple ChoiceRicardo has a debt ratio of 92\% and total assets of \$192. Which of the following best represents the amount of Ricardo's total liabilities?19views
- Multiple ChoiceWhich of the following is a disadvantage of bond financing?38views
- Multiple ChoiceInsurance on a company’s buildings would most likely be classified as a:20views