A firm classifies liabilities which fall due within the operating cycle, usually one year, as
a. a current liability.
b. a long-term liability.
c. a noncurrent asset.
d. part of shareholders' equity.
e. a contingent liability.
A
You might also like to view...
Martha draws a check payable to the order of Stella. Stella indorses the check to Karen. But Leslie steals the check from Karen, forges Karen's indorsement, and cashes the check at a liquor store
When the forgery is exposed, whom can the liquor store legally recover from? A) Martha B) Leslie C) Karen D) Stella
"To obtain an associate degree in fiber optics" would most likely be a
a. strategy. b. goal. c. plan. d. reward.
Based on the findings about the Xerox work environment, how would you characterize the discrimination practices?
a. Overt; institutionalized and unintentional b. Covert; individualized and intentional c. Covert; institutionalized; and intentional d. Overt; individualized and unintentional
Which of the following is true about the 1933 and 1934 securities acts?
A) The 1933 Act covers securities listed on stock exchanges, and the 1934 Act covers nonlisted securities. B) The 1933 Act covers the initial issuance and subsequent trading of stocks, and the 1934 Act covers the initial issuance and subsequent trading of bonds. C) The 1933 Act covers the initial issuance of securities, and the 1934 Act covers the subsequent trading of securities. D) The 1934 Act superseded the 1933 Act and covers all aspects of securities issuance and trading.