ed to edit, it's sater to stay in Protected View Enable Editing 5 1 6) 6) Cash is a A) long-term liability. C) current asset B) current liability. D) long term asset. 7) 7) Accounts payable is a A) current asset. C) long term liability. B) long term asset. D) current liability 8) 8) The income statement lists the firm's A) assets and liabilities over a period of time B) revenues and expenses over a period of time C) variable costs and fixed costs at the end of the fiscal year D) assets and equities over a period of time 9) 9) Which of the following is not an operating expense? A) Selling, general and administrative expenses B) Interest expense Research and development D) Depreciation and amortization I 10) 10) A 30 year mortgage loan is a A) long-term liability C) current asset. B) long-term asset. D) current liability. Focus IA EN