Financial liabilities include all of the following except:
A) mortgages payable
B) current maturities of long-term debt
C) accrued taxes
D) bonds payable

Question

Quizplus · Accepted Answer

Financial liabilities include mortgages payable, current maturities of long-term debt, and bonds payable. Accrued taxes are not considered financial liabilities, but rather a type of current liability.

Financial Liabilities Include All of the Following Except