Question

Which of the following is not a current liability?

Options

• Outstanding rent

• Short-term investment

• Trade creditors

• Short-term loans

Answer 1

Short-term investment

Explanation:

Current liabilities are obligations that must be paid within one year, such as outstanding rent, trade creditors, and short-term loans.
Short-term investment is a current asset, not a liability, because it represents money invested that can be converted into cash within a short period.