Vocabulary—Antonyms MCQ: Select the best antonym of ‘‘LIABILITY’’ by contrasting obligations and debts with ‘‘assets’’ in accounting and business English.

Given data

• Headword: liability — something owed or a legal/financial obligation; a disadvantage.
• Options: Property, Assets, Debt, Treasure

Concept/Approach
In accounting, the canonical binary is assets vs. liabilities. The direct antonym in financial contexts is therefore assets.

Option analysis
Assets: resources owned; the opposite category of liabilities. ✅Debt: near-synonym of liability, not an antonym. ❌Property/Treasure: kinds of assets but not the precise technical opposite. ❌

Verification/Alternative
Balance sheets split into Assets and Liabilities; they are conceptual opposites there.

Common pitfalls
Choosing property or treasure because they feel positive; the exam expects the exact technical antonym assets.

Final Answer
Assets