Accountıng I Deneme Sınavı Sorusu #1313585
Which of the following is TRUE about liabilities?
|
They are economic resources a business owns. |
|
They are claims against assets as existing debts and obligations. |
|
They represent the capital theoretically available for distribution to shareholders. |
|
They are the ownership claims on total assets. |
|
Raw materials and supplies which are needed to start production become liabilities of the company when they are acquired. |
Yanıt Açıklaması:
Liabilities are defined as a present obligation of the entity arising from past events, the settlement of which is expected to result in an outflow of the entity’s resources. In other words, liabilities are claims against assets as existing debts and obligations. The correct answer is B.
Yorumlar
- 0 Yorum