What is laibility

Question Posted / kamran

4 Answers
8756 Views
Call Centre, I also Faced
E-Mail Answers

Answers were Sorted based on User's Feedback

What is laibility..

An amount of money in a company that is owed to someone,
which is payable during short or long time in future, such
as tax, debt, interest, and mortgage payments

Is This Answer Correct ?

10 Yes

0 No

What is laibility..

Answer / satyaki_raju@yahoo.co.in

Simply saying Liability is an obligation of payment to
others for goods supplied,services rendered,Govt
obligations etc

Is This Answer Correct ?

4 Yes

1 No

What is laibility..

Answer / md muddasir ali khan

laibility is generaly in left side of the horizontal
balance sheet which represent the out standing payable
amount of the company, or a firm which is less then a year
such as out standing amount of insurance, tax, interest,
rent, creditor, short term loan, or a long term such as
equity shares, long term loan & so on....,

Is This Answer Correct ?

1 Yes

0 No

What is laibility..

Answer / gaurav

sum of payables.

Is This Answer Correct ?

1 Yes

1 No

Post New Answer

More Business Management AllOther Interview Questions

Good day Sir, Myself Anu Parakkal.I pursued my MBA in HRM,and i wish to take advance degree in Sea Port Management.Let me know the correct information about this.

0 Answers

What are the advantage of internal sources of recruitment?

0 Answers

tell me name of ceo n chairmans of all companies

1 Answers LUX, Reliance,

Why does a balance sheet show how much a business is worth? Why has there been an attempt to place value on human assets? On a balance sheet, why is capital shown next to liabilities?

0 Answers

hi i got i-20 from my US university for studing MS in Economics. i am gong to face the interview soon. but i do not have any score in IELTS/TOFLE or GMAT.i do not have the time to sit for it. Does this effect on getting visa. Plz. let me know...

0 Answers

strength and weaknesses and how do you propose to overcome these weaknesses?

0 Answers

3. Explain the factors that influence group effectiveness.

0 Answers

can i take the specialization for MBA HR and system is it good my career? will it work out?

0 Answers

Explain the meaning and discuss the importance of motivation in a teamwork context

0 Answers

What are the differences between aseet and fund management What are the differences between unit and investment trusts

0 Answers BSRB,

Q.4. Method(s) to settle Industrial Disputes is/ are: I. Investigation. II. Conciliation. III. Arbitration. (a). I&II. (b). Only I ©. I, II & III. (d). None of these.

0 Answers

Difference between traditional and old concept of marketing?

0 Answers

For more Business Management AllOther Interview Questions Click Here