GENERAL KNOWLEDGE

GK

ACCOUNTING

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which of the following statements is true in relation to liabilities?
A
Currently existing obligations which the firm intends to meet at some time in the future.
B
It must be capable of being expressed in money terms.
C
Claims against the resources.
D
All of the above
Explanation: 
There is 1 question to complete.