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1) Which of the following is not an example of a fiduciary type liability? sales taxes payable employees federal income taxes withheld payable excise taxes

1) Which of the following is not an example of a fiduciary type liability?

sales taxes payable

employees federal income taxes withheld payable

excise taxes payable

federal income taxes payable

2) Which of the following is not part of the capital structure of a corporation?

Revenues

Capital Lease Obligation

Cash

Dividends

Which of the following transactions would not cause an immediate change in the denominator of the Debt Ratio?

ssuance of a debenture

Payment required by a type B lease

Payment of principal on an installment note

Accrual of interest expense on an installment note

Which of the following would not have any effect on a companys debt ratio calculated using amounts from the Balance Sheet?

Definitely Determinable Liabilities

Contingent Liabilities

Estimated Liabilities

Commitments

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