Which of the following are operating liabilities?
I.Accounts payable.
II.Accrued salaries.
III.Deferred revenue.
IV.Income taxes payable.
A)I and II only.
B)II and III only.
C)I,III,and IV only.
D)I,II,III,and IV.

Question

Quizplus · Accepted Answer

Operating liabilities are obligations that arise from the primary operations of a company. Accounts payable, accrued salaries, deferred revenue, and income taxes payable all relate to the core business activities, making them operating liabilities.

Which of the Following Are Operating Liabilities