What is an example of a liability?
What will be an ideal response?
Answer: Outside vendors that have provided labor but not yet been paid represent a debt to the firm and, therefore, a liability.
Explanation: A liability is a debt owed by a firm to an outside individual or organization. Outside vendors that have performed work but have not yet been paid are a liability since they are accounted for under accounts payable. Other examples include bonds and notes payable, which represent debts to the company on loans that must be paid off.
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Documents that are created at the beginning of the transaction are called __________________________
Fill in the blank(s) with correct word
What are the primary differences between an ultimate consumer and an organizational buyer? Select one product and explain the differences in either its use or purchase, depending on whether it was purchased by an ultimate consumer or an organizational buyer.
What will be an ideal response?
When communicating with multilingual audiences, what effect do visual aids create in a document?
A) Visual aids can replace text and aid in communication. B) Visual aids can add color and lighten the look of the communication. C) Visual aids can be a distraction when the audience is focused on translation of text. D) Visual aids can lead to misunderstanding in the interpretation of the content. E) Visual aids can distract from the formatting of the document.
Explain customer value management and the two basic goals of customer value management
What will be an ideal response?