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11:709:448:01 FOOD PROD MGMT FINAL Exam - F25- Dec 18- Requires Respondus LockDown Browser

Single choice

On a balance sheet, which of the following is classified as a short-term liability?

Options
A.Earnings
B.Accounts payable
C.Accounts receivable
D.5-year loan
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The question asks which item is classified as a short-term liability on the balance sheet. Option 1: Earnings. This is not a liability or a liability-related item; earnings repre......Login to view full explanation

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