Multiple Choice
Match the descriptions with their terms:
-An obligation that is not classified as a current liability
A) Non-current liability
B) Present value
C) Warranty
D) Issue price
E) Current liability
F) Borrowing costs
G) Contract interest rate
H) Mortgage
I) Quick ratio
J) Provision
Correct Answer:
Verified
Correct Answer:
Verified
Q1: Complete the following statements:<br>-The _ value of
Q2: Shareholder control is diminished by the issue
Q3: Non-current liabilities are obligations of a business
Q5: To the extent that long-term debt is
Q6: Provisions are liabilities for which the amount
Q7: Which of the following is not an
Q8: Warranties are not recognised as liabilities by
Q9: Match (by letter) each of the following
Q10: On 1 October, Simon's Solar Service borrows
Q11: The NZA Bank agrees to issue $180,000