Which of the following current liabilities does not involve the future payment of cash?
A. Salaries Payable.
B. Deferred Revenue.
C. Accounts Payable.
D. Interest Payable.
Answer: B
You might also like to view...
Accounting rules applicable to management accounting are the same as those used for financial accounting
Indicate whether the statement is true or false
Many companies offer customers various types of discounts, which are usually developed at the business unit level by the firm's product managers.
Answer the following statement true (T) or false (F)
According to the Case: Andre Agassi Opens Up, who or what helped him stay motivated?
a. Friends and family b. Father figure and trainer: Gil Reyes c. Lucrative endorsement deals d. both “a” and “b”
__________ purport to give an employer the right to recoup some or all of an employee's stock option gain if he or she goes to work for a competitor within a certain period of time following exercise of the option
a. Climb back provisions b. Incline clauses c. Let loose clauses d. Clawback provisions