Accrued Liability

C1 16+

Synonyms of accrued liability

Antonyms of accrued liability

Collocations of accrued liability

accrued liability
Frequency: 80 %

The company's accrued liability for employee benefits increased significantly this quarter.

accrued liability
Frequency: 70 %

The auditors reviewed the company's financial statements and noted a significant accrued liability for pending lawsuits.

accrued liability
Frequency: 60 %

The finance department closely monitors the company's financial accrued liability to ensure compliance with accounting standards.

accrued liability
Frequency: 50 %

The tax department calculated the accrued liability for income taxes payable at the end of the fiscal year.

Idiomatic Expressions for accrued liability

  • Phrase: accrued liabilities on the balance sheet
    Meaning: unpaid expenses or obligations that have accumulated over time and are recorded on a company's financial statement
    Usage: The accountant is responsible for accurately reflecting accrued liabilities on the balance sheet.