Answer:
Explanation:
A withholding tax is an amount that an employer withholds from employees' wages and pays directly to the government. The amount withheld is a credit against the income taxes the employee must pay during the year. ... After the Civil War in 1872, tax withholding and the income tax was abolished entirely.
What are the Holland Codes?
Answer:
Holland Codes and the abbreviation RIASEC refer to John Holland's six personality types: Realistic, Investigative, Artistic, Social, Enterprising and Conventional. Career Key organizes and scientifically classifies careers, college majors, career clusters, and career pathways by these personality types.
hope this helps
Explanation:
Final answer:
The Holland Codes are a theory of careers and vocational choice based upon personality types, each with distinct preferences for types of work and environments. There are six codes: Realistic, Investigative, Artistic, Social, Enterprising, and Conventional. These codes help align personal traits with suitable careers.
Explanation:
The Holland Codes are a set of personality types developed by psychologist John L. Holland used for career assessment. They are also known as the Holland Occupational Themes (RIASEC) and represent a framework for categorizing jobs and work personalities.
There are six distinct categories within the Holland Codes:
Realistic (Doers) - Prefers physical activities that require skill, strength, and coordination.Investigative (Thinkers) - Prefers working with theory and information, thinking, organizing, and understanding.Artistic (Creators) - Prefers creative, original, and unsystematic activities that allow for personal expression.Social (Helpers) - Prefers activities that involve helping, healing, or developing others.Enterprising (Persuaders) - Prefers competitive environments, leadership, influence, selling, and status.Conventional (Organizers) - Prefers precise, rule-regulated, orderly, and unambiguous activities.Understanding your Holland Code can help guide career choice, indicating a match between your personal interests and professional paths. This is often used in career counseling to help individuals discover careers that suit their personality traits and work preferences.
Which statement about entrepreneurs is true?
A.
They never need to create opportunities for their business.
B.
Their interpersonal skills do not matter much for their business’s success.
C.
They should take advice from experts if they lack knowledge about certain aspects of their business.
D.
They should never choose to run a business based on their personal work preferences.
E.
Although they need to be persuasive, they do not need to be persistent.
Answer:
C)They should take advice from experts if they lack knowledge about certain aspects of their business.
Explanation:
Entrepreneurs are the people who run their own business. They are sole proprietors of the company. If they are stuck at any point while taking decisions, it is suggested to take advice from the experts.
There's no harm in taking expert advice as it will not only help them run their business properly but may even be profitable for the business.
Final answer:
The true statement about entrepreneurs is that they should take advice from experts when lacking knowledge in certain business areas. This expert advice can help guide them in financial management and strategic planning, key aspects of ensuring business success and meeting consumer needs.
Explanation:
Among the statements provided about entrepreneurs, the one that is true is: 'They should take advice from experts if they lack knowledge about certain aspects of their business.' This aligns with how entrepreneurs, especially when dealing with complex issues like balance sheets and future planning, must rely on experts to ensure that the business is moving in the right direction and can meet consumer needs efficiently.
Interpersonal skills are also crucial for an entrepreneur's success, as they often involve significant collaboration and negotiation with a wide range of stakeholders. Moreover, persistence is a vital trait for entrepreneurs because they must withstand various hurdles and continue striving towards their business goals over time.
Write a paragraph summary of the history of credit and consumerism
Credit and consumerism have evolved from the mid-nineteenth century with department stores offering goods on credit, to the 1920s with the rise of consumer credit for automotive and technology purchases, and finally to the late 20th century with the expansion of credit card debt and risky mortgage loans.
Explanation:The history of credit and consumerism intertwines with the expansion of the middle class and the development of new forms of purchasing. In the mid-nineteenth century, department stores began to flourish, like Au Bon Marché in Paris, introducing consumers to a variety of goods and the concept of buying on credit. This trend accelerated in the 1920s, a time when prosperity and technological advancements in entertainment, such as movies and radios, fed into new leisure and consumption patterns. Credit buying allowed average Americans to acquire goods and services, initially seen as luxuries, by spreading payments over time, even as wages remained relatively flat. This period also saw a transformation in values, with emphasis on pleasure and acquisition symbolizing success and happiness. By the late 20th and early 21st centuries, consumer credit had expanded greatly, as evidenced by the growth in credit card debt and the dangerous proliferation of high-risk mortgage lending leading up to the financial crises like the one in 2008.
Using the income elasticity of demand to characterize goods Data collected from the economy of Royal City reveals that an 18% increase in income leads to the following changes: • A 29% increase in the quantity of houses demanded • A 17% decrease in the quantity of spades demanded • A 14% increase in the quantity of horses demanded Compute the income elasticity of demand for each good and use the dropdown menus to complete the first column in the following table. Then, based on its income elasticity, indicate whether each good is a normal good or an inferior good. (Hint: Be careful to keep track of the direction of change. The sign of the income elasticity of demand can be positive or negative, and the sign confers important information.) Good Income Elasticity of Demand Normal or Inferior Good Houses -1.61 Spades Horses Which of the following three goods is most likely to be classified as a luxury good ? Houses Spades Horses
Answer:
Horses are a luxury.
Explanation:
Positive salary versatility of interest is related with typical products; an expansion in pay will prompt an ascent sought after. In the event that pay versatility of interest of a ware is under 1, it is a need decent.
In the event that the flexibility of interest is more prominent than 1, it is an extravagance decent or a prevalent decent. Extravagance products as a rule have Income Elasticity of Demand > 1, which means they are pay flexible.
This infers shopper request is more responsiveness to an adjustment in pay. For instance, precious stones are an extravagance decent that is salary versatile.
Given the income and demand changes, houses have the highest positive income elasticity, indicating they are a luxury good. Spades, with negative income elasticity, are an inferior good. Horses are a normal, but not luxury, good.
Explanation:The income elasticity of demand measures the responsiveness of the demand for a good to a change in the income of the people demanding the good. It is calculated by dividing the percentage change in quantity demanded by the percentage change in income. If the value is positive, the good is a normal good, if it is negative, the good is an inferior good.
The income elasticity of demand for houses is 29 / 18 = 1.61. For spades it's -17 / 18 = -0.94. For horses, it's 14 / 18 = 0.78. Given these numbers, houses appear to be the normal good with the highest income elasticity and therefore can be classified as a luxury good. Spades, with a negative income elasticity, are an inferior good. The horses, with a positive but less than 1 income elasticity, are a normal, but not luxury good.
Learn more about Income Elasticity of Demand here:https://brainly.com/question/31293339
#SPJ3
20 POINTS!!!!!!!! In addition to having a bachelor’s degree in accounting, a 1._______ certification will increase a tax accountant’s job opportunities and allow them to file reports with the 2._____
1. Certified Tax Accountant 2.Safety and exchange commission
Certified private Accountant Securities and exchange commission
Certified public accountant security and tax commission
Answer: Certified public accountant security and tax commission
Certified Public accountant security and tax commission is the correct answer.
Explanation:
Having a four year college education in bookkeeping, an affirmation will build a duty bookkeeper's openings for work and enable them to document reports with the administration/SEC.
The SEC is the U.S. Protections and Exchange Commission. To be a genuine affirmed CPA, you have to experience the confirmation course to be endorsed to submit monetary records so the SEC.
Answer:
In addition to having a bachelor’s degree in accounting, a
(Certified Public Accountant )
certification will increase a tax accountant’s job opportunities and allow them to file reports with the
(Security and Tax Commission)
.
Explanation:
What does it mean when we say marketing adds utility to products.
Answer: The marketing utility that allows the customer to physically access what they bought, it's referred to as "possession". Having a variety of easy payment methods, cash, debit, credit card, paypal, etc. is part of facilitating possession as is the physical location of the product and how it is delivered to the customer. hopes this helps :}
Explanation:
What is a powerful sales weapon many salespeople fail to take advantage of?
Publicity events
Cold calls
Discount offers
Referrals
Answer:
Referrals
Explanation:
Referrals are among a salesperson’s best weapons. Yet many salespeople fail to take advantage of this powerful marketing tool.
Answer:
Referrals is the correct answer.
Explanation:
Referrals is a powerful sales weapon but many salespeople fail to take advantage of it.
Sales referrals are the most important prospecting approaches utilized by the salespeople to create new leads.
Sales referrals are generated when the existing client gives the name and communication information of the prospect to his sales agent.
Performing a referral plan will help you optimize sales because it generating good prospects that will expand business funnel heading to a larger Return on Investment than cold calling, Publicity events or Discount offers.
Which of the following is an example of scarcity, rather than shortage? A popular toy is sold out during the busy holiday season. A person wants an endless supply of everything but cannot have it. Gasoline was rationed in America during World War II. You have spent your last penny and payday is a week away.
Answer:
The correct answer is the option B: A person wants and endless supply of everything but cannot have it.
Explanation:
First of all, the term scarcity refers to the particular situation in economics where there is not enough of something regarding the natural resources where they come from. Meanwhile, the concept of shortage establishes that there is not enough of a product regarding the fact that the demand exceed the supply but it has nothing to do with the natural resources. Moreover, the scarcity is a situation that stays permanent in time, while shortage is just temporary.
Secondly, once stated the differences between those two concepts, it is understandable that the case in where the gasoline is rationed in America during the World War II is due to the fact that the fuel was being used for the war rather for the cars from the cities and it was only a temporary phenomen created by the market, once the war finished, the supply went back to normal again.
Finally, the correct answer is the example in where a person wants a supply of everything and can not have it due to the fact that there is not enough resources of everything for everyone and the economy needs to find a way to redistribute their resources and given a certain time every resource will end so therefore that example is impossible due to scarcity.
The following is an example of scarcity, rather than shortage: A person wants an endless supply of everything but cannot have it. The correct option is B.
Scarcity means limited resources relative to the unlimited wants and needs. The concept of scarcity applies to all goods and services, regardless of their availability in the market.
The shortage occurs when there is an imbalance between the demand and supply of a product or service or the quantity demanded for a particular good or service exceeds the available supply.
Thus, the ideal selection is option B.
Learn more about scarcity here:
https://brainly.com/question/30123232
#SPJ6
The complete question might be:
Which of the following is an example of scarcity, rather than shortage?
A A popular toy is sold out during the busy holiday season.
B A person wants an endless supply of everything but cannot have it.
C Gasoline was rationed in America during World War II.
D You have spent your last penny and payday is a week away.
Q.12 Commerce is the sum total of activities that remove hindrances in the free
flow of goods from producers to consumers. Explain. (About auxiliaries to trade)
Answer:
It means that the ultimate goal of commerce is to eliminate barriers between producers and consumers
Explanation:
20 points
Beyond an excellent understanding of the design process, being a technical designer requires skills in what other area?
Engineering
Communication
Art
Transportation
Answer:
The answer is Communication
Most child care providers will never find themselves caring for a child with asthma.
True
False
The correct answer is False
Explanation:
Child care providers are usually professionally prepared individuals who take care of children, this includes teachers, babysitters, nannies, counselors, etc. Additionally, child care providers can work in specific institutions such as schools or take care and supervise children in the child's home. In most cases, being a child care provider implies dealing with different children and therefore different personalities, needs, and conditions.
Due to this, it is common child care provides find themselves caring for a child with conditions such as measles, food allergies, bronchitis, and even asthma. In the case of asthma, this is can be found in around 10% of children, and therefore it is not extremely uncommon child care providers had to take care of a child with asthma.
what is an example of a street address
Answer:
An example of a street address would be something like this
560 Hudson Street Hartford, CT 06106
(Random address I pulled off of google)
Final answer:
An example of a street address is:
123 Main Street
Los Angeles, CA 90001
This address is composed of multiple lines. The first line contains the building number and street name. The second line contains the city, state, and zip code.
Explanation:
An example of a street address would be composing it for sending a letter. If you were writing to a company to inquire about internship opportunities, your letter should start with the name of the company.
The following line would include the street address, such as '123 Main Street'.
The subsequent line is reserved for the city, state, and zip code, like 'Hometown, CA 90123'.
Lastly, if the recipient is outside of the country, the recipient's country should be included on the last line in capital letters, with a blank line left after the recipient's address.
This format helps ensure the letter reaches its intended destination.
Children with disabilities tend to initiate play less often than other children.
True
False
Answer:
True
Explanation:
What happens in their mind tells them to not go play because they are likely to injure themselves
Answer:
TRUE
Explanation:
Disability is a health problem that affects the mobility or discernment of thousands of people around the world, causing them to need extra care. Disabled children tend to be more vulnerable and their process of mechanical body maturation may be slower depending on the type of disability. Typically, these children have fears and trauma and tend to social isolation, taking longer to start playing and having fun. To solve this problem, every child with disabilities must receive appropriate medical treatment, as well as family and society care as a whole. These children should be encouraged to integrate as much as possible with the other children.
increased competitions from firms in other nations is an example of the
Answer:
lobal Environment
Explanation:
Answer: Increased competitions from firms in other nations is an example of the Global Environment.
What is Global Environment?
The global business environment will be defined as the environment in several sovereign countries, with factors exogenous to the house environment of the organization, influencing deciding on resource use and capabilities.Every national economy is integrated with the global economy in some way. Internal trade relations, imports, exports, trade agreements between nations, etc. are all examples.The global environment is very important for both nations and businesses because it offers a comprehensive platform to achieve more consumers of a product or service. It ensures the expansion and development of states and businesses. It improves the economic status of countries and fosters a decent account with other nations.Thus the correct answer would be Global Environment.
To learn more about business, refer: https://brainly.com/question/24448358
#SPJ2
Medical assistant codes
elaborate please this makes no sense
The 'Medical assistant codes' refer to codes used in healthcare to categorize medical procedures or departments. These codes help medical professionals, including Medical Laboratory Assistants (MLA), effectively carry out their roles in both routine and emergency situations in the medical field.
The student's question on "Medical assistant codes" pertains to the healthcare industry, specifically the codes referring to various medical specialties that medical assistants or other healthcare professionals may engage with. These codes likely relate to the categorization of medical procedures, departments, or specialties for administrative, billing, or communication purposes within a medical facility. For example, '866' corresponds to Immunology/Microbiology, while '888' pertains to Orthopedic. Medical Laboratory Assistants (MLA), as part of their roles, may need to be familiar with these codes to properly process samples and carry out their lab duties effectively. Clinical training is highlighted as important for MLAs, even though a degree might not be necessary.
What constitutional protections make it possible for Americans to conduct business in freedom
Answer:
taxation, property rights, contracts
Explanation:
The constitutional protections that enable Americans to freely conduct business are primarily Article 1, Section 8, the Fourth and Fifth Amendments, and the First Amendment- which allow for regulation of commerce, prohibit unreasonable searches and seizures, ensure due process, and protect the freedom of expression respectively.
Explanation:There are several constitutional protections that make it possible for Americans to conduct business in freedom. Primarily, Article 1, Section 8 of the US Constitution permits Congress to regulate commerce with foreign nations, among the states, and with Native American tribes. This gives American businesses the safety and security they need.
Secondly, the Fourth Amendment protects citizens from unreasonable searches and seizures. This means that a business cannot be arbitrarily intruded upon by the government. The Fifth Amendment further provides the right of due process, preventing the government from denying individuals their life, liberty, or property without a just and legal process.
Lastly, the First Amendment allows for the free expression of ideas, promoting competition and innovation in business models by allowing individuals to express and explore new ways of operation without fear of governmental reprisal.
Learn more about Constitutional protections for business here:https://brainly.com/question/32825384
#SPJ2
List at least three things you would consider when choosing a bank and account type. (1-3 sentences
Answer:
Me I would find out everything I need to know I would check to see what’s there Star are see how many complain and how long they been open ETC
Explanation:
Answer:
Banknote – A paper bill or note produced by a bank that has a specific value in a currency. How many branches the bank has. How good its protection is against theft and loss.
Explanation:
There are several things that should be considered while choosing a bank and account type. Some of which are the banknote which are specific value in a country and that matches with your requirements.
The branches of the bank and the nearest one to where you live. The authenticity of the Bank. Theft and loss protection of the Bank.
what factors determine a products demand elasticity
Answer:
many factors are going to be important in determining the demand elasticity of a good service, such as the price level, the type of good or service, the availability of a substitute, and the level of a consumer income. So the price level affects the deman for a good or bad service
The phrase laissez-faire means which of the following?
A.
To control
B.
To let be
C.
To buy
D.
To contribute
What are examples of Agriculture, Food, and Natural Resources careers? Check all that apply
Veterinarian
Farmworker
Food Scientist
Medical Scientist
Forester
Architect
Travel Agent
Animal Trainer
Answer:
Veterinarian
Farmworker
Food Scientist
Forester
Animal Trainer
Explanation:
Every field has different career options. Veterinarian, Farmworker, Food Scientist, Forester and Animal Trainer are the examples of Agriculture, Food and Natural Resources careers.
What are the different career options?Career options are referred as the open sources that can be pursued by a person by gaining knowledge, qualifications and expertise of such particular field.
Agriculture field has career options like a farmer, farmworker, etc. Food field has career options like chef, food scientist, food inspector, etc. and career in natural resources include forester, veterinarian, animal trainer.
Hence, the career options in the fields like agriculture, food and natural resources are that of veterinarian, farmworker, food scientist, forester and animal trainer.
Learn more about career options here:
https://brainly.com/question/25647204
It is a business model that is used regardless of the formality of the business entity formed. sole proprietorship agency partnership all of the above
Answer:
sole proprietorship
Explanation:
sole proprietorship is the most used business model in the US and is usable in big and small companies.
Answer:
Agency
Explanation:
I got it right on Edge
Carl went to the local bar after work and spent the rest of the evening drinking. When he started to go home, he discovered that his truck had a flat tire, and he began kicking the truck's fenders. When Fred saw the problem and heard Carl ranting in anger at his truck, he offered to give Carl a ten-dollar bill and a ride home for the truck. Carl took the money and sat in the cab of the pickup until Fred could change the tire and drive him home. When Carl couldn't find his truck the next day, he reported his truck stolen. Who owns the truck and why?
Answer:
fred ,cause he never sell his car the 10 dollar bill is only for fixing his Tyre and driving him home
The amount of money is a denomination of US currency. The 10-dollar bills issued are Notes.
Who stole the Truck?He was not conscious and was venting out his anger on the flat tire of his truck. The other person saw the problem and offered to give him a cab ride home.The other person was sent away from him and issued a ten-dollars. The next day, when he could not find his truck, he knew that the other person stole it. He reported the incident to the police.
Thus, the other person stole the car and helped him fix the tyre.
Learn more about the story here:
https://brainly.com/question/9829352
You spend $5 on materials to make a scarf. You think you have added $10 of value, so you set the price to $15. Nobody buys the scarf at that price, so you lower the price to $12, and someone buys it. What is the value of the scarf?
A) $15
B) $10
C) $12
Answer:
the gain being $7, the value couldn't be less then 12 if it's not brought back for shortcomings and resold for $15
Answer:
Explanation:
Value is the amount a customer is willing to pay for item, so the value is $12.
Explain the difference between active and passive listening.
Answer:
The main difference between two types of communication; active listening and passive listening is that in active listening, listener pays full attention to the speaker and his word while in passive listening, listener acts passively by receiving the message only without giving further external indications.
Explanation:
Answer: active listening, listener pays full attention to the speaker and his word while in passive listening, listener acts passively by receiving the message only without giving further external indications.
Explanation:
Mr. Perry is entitled to Medicare Part A but has not yet enrolled in Part B, even though he is 69 years old. He would like to enroll in a Medicare Part D prescription drug plan but is concerned that he will have to sign up for Part B as well in order to qualify for enrollment in a Part D plan. What should you tell him?
Mr. Perry does not need to be enrolled in Medicare Part B to qualify for a Part D prescription drug plan. As long as he is entitled to Medicare Part A, he can enroll in a Part D plan. This became possible as a result of the 2003 law that expanded Medicare, influenced by groups like the AARP.
Explanation:Mr. Perry is incorrect in believing that he must enroll in Medicare Part B to qualify for a Part D prescription drug plan. As long as he's entitled to Medicare Part A, he qualifies for Part D. History illustrates this through the 2003 law signed by President George Bush that substantially expanded Medicare, providing a prescription drug benefit to help the elderly pay for their medication. This expansion, which was the result of high political pressure and lobbying by groups like the American Association for Retired People (AARP), aimed to assist senior citizens regardless of their enrollment in Medicare Part B.
The decision to include prescription drug coverage in Medicare was in recognition of the high cost of medications and the financial burden they placed on the elderly population. It's estimated that the prescription drug benefit cost the federal government about $40 billion in 2006, with a projected rise to $121 billion by 2016. This figure underscores the significant role prescription drug coverage plays in our current Medicare system.
In conclusion, Mr. Perry can enroll in a Medicare Part D prescription drug plan without having to sign up for Part B. His age and entitled status for Medicare Part A are the only qualifying measures required for him to benefit from a Part D plan.
Learn more about Medicare here:https://brainly.com/question/34551935
#SPJ3
Answer:
Explanation:
He is eligible for the Part D prescription drug benefit because he is entitled to Part A and he does not have to be enrolled in Part B.
what is the result of job design?
Explanation:
The key inputs for a strong job design are a task, motivation, resource allocation and a compensation system. ... The Core Characteristics Model connects job characteristics to the psychological states that the worker brings to the job. It emphasizes designing jobs so that they lead to desired outcomes.
Final answer:
The result of job design includes improved employee motivation, job satisfaction, organizational commitment, and reduced absenteeism and turnover. This impact stems from effectively structuring jobs to balance organizational demands and employee needs.
Explanation:
The result of job design is multifaceted and has a significant impact on various aspects of organizational behavior and employee engagement. Effective job design can lead to enhanced employee motivation, improved job satisfaction, increased commitment to an organization, and a reduction in absenteeism and turnover rates. By carefully considering how jobs are structured and the tasks that they entail, managers can foster a work environment that strikes a balance between organizational demands and individual employee needs, thereby achieving a positive outcome for both parties.
Historically, the concept of job design has evolved to integrate various theories and approaches, such as the simplification of tasks in the early 20th century to more modern approaches that consider a wider range of factors influencing worker satisfaction and productivity.
People use budgets to help them do what?
Budgets are used to manage finances and make informed decisions about spending, saving, and investing. They can be used by individuals to track expenses and find ways to save money. Businesses use budgets to plan for future financial needs, allocate resources effectively, and monitor financial performance.
Explanation:People use budgets to help them manage their finances. A budget is a financial plan that outlines income and expenses over a specific period. It helps individuals and businesses make informed decisions about spending, saving, and investing their money.
For example, a student might create a budget to keep track of their monthly expenses such as rent, food, transportation, and entertainment. By comparing their actual spending to the budgeted amounts, they can see if they need to adjust their spending habits and find ways to save money.
Budgets are also widely used in businesses as they help in forecasting future financial needs. By creating a budget, a business can plan for sales, expenses, and investments. This allows them to allocate resources effectively, set financial goals, and monitor their financial performance.
Learn more about Budgeting here:https://brainly.com/question/31952035
#SPJ2
If a store uses a selling price-based markup of 40%, and an item costs the store $300, what selling price would the store set for the item ?
A.335
B.400
C.435
D.500
My Answer is C.435
Answer:
Selling price would the store set for the item 500
Explanation:
SELLING PRICE= 100% 500
COST= 60% 300
MARKUP= 40% 200
% Cost 60% 300 Cost
%Selling price 100% x
X=selling price
X=100%*300/60%
X=500
Kevin meets with a young man who wants to start saving for his son’s college education. What is Kevin’s profession?
A. Real Estate Broker
B. Insurance Sales Agent
C. Financial Manager
D. Tax Accountant
Answer:
the right answer is B
Explanation:
insurance sales agent It is one that offers solutions to provide superior education to young people or children thinking about their future.
Kevin's profession is a Financial Manager, as he is advising on saving strategies for a son's college education, a key domain of his expertise.
The correct answer is c.
Explanation:Based on the information given, we can infer that Kevin's profession is a Financial Manager. Financial Managers work with clients to provide advice and guidance on financial matters, such as insurance, investments, and savings - in this case, saving for a son's college education. While the other professions listed - Real Estate Broker, Insurance Sales Agent, and Tax Accountant - each have roles that might overlap with financial advising in some aspects, the specific scenario described directly relates to financial planning and savings strategy, which are within the domain of a Financial Manager's expertise.
Learn more about Financial Manager here:https://brainly.com/question/32518499
#SPJ2
Which of the following is a characteristic of a current liability?
A current liability is due within one year or one operating cycle, whichever is longer.
A current liability must be of a known amount.
A current liability must be of an estimated amount.
Current liabilities are subtracted from long-term liabilities on the balance sheet.
Hey Friend.
A is the answer.
Current liability represent debts that will be repaid within a year. e. g. Accounts payable (creditor), bank overdraft, expenses owing, prepaid revenue.
A current liability is a debt expected to be paid within one year or one operating cycle. It can be of a known or estimated amount, but it's important for it to be accurately reported. On the balance sheet, they are listed separately from long-term liabilities.
Explanation:A current liability is a debt that a company owes and is expected to pay off within one year or one operating cycle, whichever is longer. This is the primary distinguishing characteristic of a current liability. It is not required for a current liability to be of a known or estimated amount; it could be either. However, it's critical that they are accurately reported for a correct assessment of a company's financial position. Lastly, on the balance sheet, current liabilities are not subtracted from long-term liabilities; they are listed separately under the liabilities section.. Long-term liabilities are debts or obligations that are due beyond one year or the operating cycle, and they are reported separately from current liabilities.. Long-term liabilities are debts or obligations that are due beyond one year or the operating cycle, and they are reported separately from current liabilities.
Learn more about Current Liability here:https://brainly.com/question/32361397
#SPJ6