Question 13 Which of the following does not affect the current liabilities section of the balance sheet? OA. Purchase of inventory on credit OB. Wages owing to employees but not yet paid O C. Insurance bill to be paid next month O D. Sale of goods on credit O E.A probable legal obligation, due within 12 months Question 14 2 points Save Anwer The 20X9 financial statements of Warlope Corporation report that the company paid dividends of $23,835,000 to its preferred sharcholders before paying dividends to its common shareholders. This practice is called: OA Stock ownership preference OB. Liquidation preference C. Treasury preference OD. Dividend preference E None of the above Question 15 of Question 15 2 points Sa During 20X9, Abbott Laboratories decreased its discount rate used to calculate pension obligation from 4.3% to 3.8%. The effect on the company's pension expense for the year and pension obligation balance at year end is: OA Increase pension expense, decrease pension obligation OB. Decrease pension expense, decrease pension obligation OC. Decrease pension expense, increase pension obligation OD. Increase pension expense, increase pension obligation OE No effect on pension expense, decrease pension obligation