All the following current liabilities normally vary directly with the sales except:
A) accounts payable
B) notes payable
C) accrued wages
D) accrued taxes

Name: All the following current liabilities normally vary directly with the sales except: A) accounts payable B) notes payable C) accrued wages D) accrued taxes
Brand: Quizplus
Rating: 4.7 (35 reviews)

Question

Quizplus · Accepted Answer

Notes payable are typically not directly tied to sales levels, as they are often related to specific financing arrangements or loans rather than operational activities like sales.

All the Following Current Liabilities Normally Vary Directly with the Sales