The following are debts in disguise:
I.accounts payable
II.leases
III.underfunded pensions
A)I only
B)II only
C)III only
D)I, II, and III

Question

Quizplus · Accepted Answer

All three options represent debts in disguise. 
I. Accounts payable are essentially short-term loans that a company owes to its suppliers or vendors. 
II. Leases involve renting an asset, such as a building or equipment, for a set period of time, with the lessee (renter) often required to make regular payments. These payments represent an ongoing debt. 
III. Underfunded pensions represent liability that a company owes to its employees as part of their retirement benefits. If the pension plan is underfunded, the company will need to come up with additional funds to cover the promised benefits, making it effectively a form of debt.

The Following Are Debts in Disguise