Which of the following statements is true in relation to liabilities? A. Claims against the resources. B. Currently existing obligations which the firm intends to meet at some time in the future. C. It must be capable of being expressed in money terms. D. All of the above

Which of the following statements is true in relation to liabilities?
A. Claims against the resources.
B. Currently existing obligations which the firm intends to meet at some time in the  future.
C. It must be capable of being expressed in money terms.
D. All of the above
by

1 Answer

Answer :

C. It must be capable of being expressed in money terms.
by

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