Solved

Which of the Following Would NOT Be a Liability

Question 18

Multiple Choice

Which of the following would NOT be a liability?


A) The signing of a three-year employment contract at a fixed annual salary
B) An obligation to provide goods or services in the future
C) A note payable with no specified maturity date
D) An obligation that is estimated in amount

Correct Answer:

verifed

Verified

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

Related Questions