Which are liabilities under French PCG
Which are liabilities under French PCG? (choose 2)
A. Accounts payable (fournisseurs)
B. Accrued expenses (charges constatées d’avance)
C. Patents
D. Cash
Answer: A, B
Explanation: Liabilities are debts owed by the company to external parties. Accounts payable (amounts owed to suppliers) and accrued expenses (expenses incurred but not yet paid) are both liabilities. Patents are intangible assets (Class 2), and cash is a current asset (Class 5).
