Multiple Choice
Which of the following should not be included in the current liabilities section of the statement of financial position?
A) Trade notes payable
B) Short-term zero-interest-bearing notes payable
C) Unearned revenues
D) All of these answer choices are included
Correct Answer:

Verified
Correct Answer:
Verified
Q2: Prepaid insurance should be included in the
Q17: Which of the following situations may give
Q36: Which of the following is a current
Q37: Dividends in arrears on cumulative preference shares
Q38: Which of the following terms is associated
Q40: Where is debt callable by the creditor
Q95: Companies report the amount of social security
Q98: A provision differs from other liabilities in
Q120: Under what conditions is an employer required
Q157: Companies should recognize the expense and related