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  2. Topic
    Business
  3. Study Set
    Accounting Understanding and Practice
  4. Exam
    Exam 1: The Statement of Financial Position Balance Sheetand What It Tells Us
  5. Question
    An Example of a Long-Term Liability Is
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An Example of a Long-Term Liability Is

Question 2

Question 2

Multiple Choice

An example of a long-term liability is:


A) Current taxation payable
B) Mortgage
C) Proposed dividend
D) Accumulated depreciation

Correct Answer:

verifed

Verified

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