Which of the following statements is true of liabilities?

a. Accounts payable are listed in the current liabilities section in alphabetical order by vendor.
b. Classification of current liabilities is important because of the liquidity concept.
c. Current liabilities are listed in order of decreasing amounts in the current liability section of the balance sheet.
d. The accounting principles followed in the U.S. differ from those of other countries; this is especially true for current liabilities.


b

Business

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The t statistic is calculated by assuming that the sample size is large

Indicate whether the statement is true or false

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In today's era of media noise, how can marketers break through the clutter to reach their audience?

A. by producing messages that are the most visible to consumers B. by producing messages that are relevant to each individual consumer C. by producing messages that display the brand most creatively D. by inundating the market with advertising E. by increasing the communications budget

Business

Joey is planning to invest his savings in a fixed income fund. He manages to deposit $700 at the end of the first year, $500 at the end of the second year, $300 at the end of the third year, and $600 at the end of the fourth year. If the fund earns 6 percent interest each year, the terminal (future) value of this uneven cash flow stream at the end of Year 4 is _____.

A. $2,314 B. $1,833 C. $2,097 D. $2,355 E. $1,784

Business

Which activities do accounting and finance components perform?

A. Track employee information including payroll, benefits, compensation, performance assessment and assumes compliance with the legal requirements of multiple jurisdictions and tax authorities. B. Handle the various aspects of production planning and execution such as demand forecasting, production scheduling, job cost accounting and quality control. C. Manage accounting data and financial processes within the enterprise with functions such as general ledger, accounts payable, accounts receivable, budgeting and asset management. D. None of the above.

Business