BUSINESS FINANCE I Dersi Financial Statements and Analysis soru detayı:

PAYLAŞ:

SORU:

What are "liabilities"?


CEVAP:

A liability is a present obligation of the enterprise arising from past events, the settlement of which is expected to result in an outflow from the enterprise of resources embodying economic benefits. Similar to asset classification, liabilities are also classified as current and longterm. The exact amount and payment date of some liabilities may not be known or may depend on an event.