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Which of the following is best described as: Expense incurred but not yet paid

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Question ID #27424 UPSC UPSC EPFO APFC 2026 Mock Test Series UPSC EPFO APFC 2026 Full-Length Mock Test 9 Medium

Correct Answer: A. Outstanding expense
The correct answer is Outstanding expense. Expense incurred but not yet paid

Question: Which of the following is best described as: Expense incurred but not yet paid

A. Outstanding expense

B. Working capital

C. Depreciation

D. Balance sheet

Correct Answer: A. Outstanding expenseThe correct answer is Outstanding expense. Expense incurred but not yet paid

Which of the following is best described as: Expense incurred but not yet paid - MCQ Explanation

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Correct answer: A. Outstanding expense