Short term obligations that have to be met within the next twelve months is called?

A. Current Assets
B. Working Capital
C. Secured Loans
D. Current Liabilities

View Answer

Correct Answer: D. Current Liabilities

Detail about Mcqs

Current liabilities are obligations that a company expects to settle within the next twelve months. Examples include short-term loans, accounts payable, and other obligations that fall due in the short term.

Write a Comment

Your email address will not be published. Required fields are marked *