Which of the following is not a liability that has priority in a liquidation?
A. Administrative expenses incurred during the liquidation.
B. Salary payable of $1,250 per person owed to 26 employees.
C. Payroll taxes due to the federal government.
D. Advertising expense incurred before the company became insolvent but not recorded until after the order of relief
Answer: D. Advertising expense incurred before the company became insolvent but not recorded until after the order of relief
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Another term for authorization is ________
A) authentication B) token C) establishing the creator of a file D) permission