Multiple Choice
Which is a non-current liability?
A) HST payable.
B) 45 day accounts payable.
C) Five year loan that matures four months after year end reporting date.
D) The creditor has granted a 15-month grace period on a loan in default.
Correct Answer:

Verified
Correct Answer:
Verified
Q30: Which of the following is correct about
Q31: Which statement about warranties is correct?<br>A)Warranties are
Q32: Sales made in fiscal 2012 for $50,000,000
Q33: For a $200,000 trade payable with terms
Q34: For a $100,000 trade payable with terms
Q36: Explain how commitments and guarantees are accounted
Q37: It is early in February 2017 and
Q38: Which statement about contingencies is correct?<br>A)If the
Q39: Which statement about sales taxes is correct?<br>A)The
Q40: Which of the following is not correct?<br>A)Financial