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Accountıng Iı
Accountıng Iı Deneme Sınavı
Accountıng Iı Deneme Sınavı Sorusu #1115705
Accountıng Iı Deneme Sınavı Sorusu #1115705
I. They occur because of present transaction or event.
II. They create a present obligation for future payment of cash or services.
III.They are an unavoidable obligation.
Which of the statement above are among the main characteristics of liabilities?
Only I |
I and II |
II and III |
I and III |
Only 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 C.
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