BUISENESS MANAGEMENT
RISK MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which one of the following is not a Current Liability?
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Statutory Dues Payable
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Long Term Deposits received from dealer
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Term Loan Installment payable within next one year
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All are current liabilities
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Explanation:
Detailed explanation-1: -Fixed deposit that is for a term of one year is termed as current asset, while fixed deposit having a term of more than one year is non-current asset. Also read: Intangible Assets. Tangible Assets.
Detailed explanation-2: -Detailed Solution. The correct answer is Deposits.
Detailed explanation-3: -The correct answer to the given question is option C. mortgage loans.
Detailed explanation-4: -Demand deposits Was this answer helpful?
There is 1 question to complete.