Answer:
Consists of goods being manufactured that are incomplete.
Consists of materials to be used in the production process.
Answer:
It must be paid within one year or the operating cycle, whichever is shorter.
Explanation:
Current liabilities are short term obligations that a company needs to pay within the current financial year. Companies use current assets to offset their current liabilities. Examples of current liabilities include accounts payable, interest payable on outstanding loans, dividends payables, and long term debts maturing within the current financial year.
A business needs to monitor its levels of current liabilities to ensure it has sufficient current assets to pay them. There are situations where a company finds it necessary to obtain a loan to finance its current liabilities. The inability to pay current debts consistently may be indicative of more profound financial challenges within the organization.
Carrots. For garnishing and presentation purposes, carrots and the brilliant colors of Swiss chard ribs are similar in color, texture and crispiness. On the other hand, if you are looking for a similar taste, celery can be a substitute for the ribs of Swiss Chard. It is mild in flavor and works great as a replacement.
Answer:
Contingency plan.
Explanation:
Contingency plan is a plan conducted by an organization to prepare for , react to and recover from events that threaten the security of information and information assets in the organization , and the subsequent restoration to normal modes of business operations.
It prepares the organization for any potential risk , as response to such risk will be fats and timely , and consequently , loss are minimized.
