Series 6: Accrued Liabilities

Taken from our Series 6 - Investment Company Products/Variable Contracts Representative Exam

Definition of the term Accrued Liabilities...

expenses other than accounts payable that have been accrued but have not yet come due, e.g. payroll. Also called accrued expenses.

Since you're reading about Series 6: Accrued Liabilities, you might also be interested in:

Solomon Exam Prep Study Materials for the Series 6
Please Enable Javascript
to view this content!