Question

Which of the following is an example of business liability

Answer 1

financial management
marketing
sale's
customer service
communication
leadership

Answer 2

Answer:

Business liabilities are legal as well as financial debts and obligations that every business comes across business operations. In the balance sheet, we record them on the right side. Every business has a certain amount of liability to be paid with the financial year. Assets and liabilities are the main to running any business firm.

Examples of Business liabilities are-

loans,

accounts payable,

mortgages,

deferred revenues, and

accrued expenses.