Which of the following would appear on the balance sheet as a current liability?

a. A loss from an anticipated strike by employees.
b. Potential damages from possible explosions in a fireworks factory.
c. Premium offers in cereal boxes.
d. The possible loss from a lawsuit.


c

Business

You might also like to view...

________ or smart tag technology helps companies locate a product's exact position within its supply chain

A) RFID B) PRM C) VMS D) BCODE E) 3PL

Business

Which of the following underlying assumptions for the conceptual framework is the reason the dollar is used in the preparation of financial statements?

A) Economic entity B) Continuity C) Time period D) Monetary unit

Business

What tests measure an individual’s intellectual curiosity and motivation in a particular field?

A. Genetic tests B. Personality tests C. Cognitive ability tests D. Skills tests E. Interest tests

Business

Functional benchmarking

A. is used to determine best practices regardless of industry. B. is not very useful for organizations with a divisional organizational structure. C. restricts the search for best practices to competitors. D. is useful when researching industry-specific standards.

Business