Solved

Which One of the Following Is an Economic Obligation for a Business

Question 132

Multiple Choice

Which one of the following is an economic obligation for a business entity?


A) Salaries paid to employees for services rendered
B) Amounts owed to creditors
C) Materials used in manufacturing products
D) Payment of rent for the next year

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q17: Which one of the following events involves

Q22: Which of the following organizations is responsible

Q25: The concept that assumes that an entity

Q35: Which of the following best describes the

Q68: Which of the following best describes the

Q116: Which one of the following business decisions

Q130: Mobile Power Corp.reported the following information for

Q135: Read the information for Canyon Corporation.Determine the

Q136: Read the information for Taryn Corporation.Determine the

Q137: Which one of the following statements is