9. Current Liabilities

Which one of the following is NOT considered a payroll liability?

Which type of ratios measure the degree to which a firm relies on borrowed funds in its operations?

Which of the following actions would increase your total loan balance (liabilities) on the balance sheet?

A promissory note used as a debt instrument without any related collateral is called:

Ricardo has a debt ratio of 92\% and total assets of \$192. Which of the following best represents the amount of Ricardo's total liabilities?

Which of the following is a disadvantage of bond financing?

Insurance on a company’s buildings would most likely be classified as a:

Which of the following transactions would most likely increase a company's leverage ratio?

In decreasing term insurance, which policy component decreases over time?

A known obligation of an uncertain amount that can be reasonably estimated is called a(n) ______ liability.

When a business pays cash on account, a liability account is:

Which type of liability is represented by money owed for services or supplies that increases the account balance?

Which type of liability is best described as a loan agreement allowing the borrower to take out and repay funds based on flexible guidelines?

Which one of the following is NOT considered a current liability?

In financial accounting, the cost of capital depends primarily on which of the following?