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Accountıng Iı
Accountıng Iı Deneme Sınavı
Accountıng Iı Deneme Sınavı Sorusu #983757
Accountıng Iı Deneme Sınavı Sorusu #983757
I. Liabilities occur because of a past transaction or event.
II. Liabilities create a present obligation for future payment of cash or services.
III. Liabilities are are avoidable obligations.
Which of the followings are among the basic characteristics of liabilities?
|
I |
|
II |
|
III |
|
I and II |
|
I and III |
Yanıt Açıklaması:
Liabilities have three main characteristics: • They occur because of a past transaction or event. • They create a present obligation for future payment of cash or services. • They are an unavoidable obligation. The correct answer is D.
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