- CFA Exams
- CFA Level I Exam
- Study Session 7. Financial Reporting and Analysis (2)
- Reading 22. Understanding Balance Sheets
- Subject 1. Components and Format of the Balance Sheet
CFA Practice Question
Which items are included in current liabilities?
II. Accrued wages
III. Income taxes payable
IV. Short-term notes payable
I. Accounts payable
II. Accrued wages
III. Income taxes payable
IV. Short-term notes payable
Correct Answer: I, II, III and IV
All of the above are included in current liabilities.
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