Which of the following is an example of an accrued liability?

An accrued liability is a financial obligation that a company has incurred but has not yet paid. It represents expenses that have been recognized in the financial statements but for which the payment has not yet been made.

In this context, rent payable is a classic example of an accrued liability because it reflects rent expense that has been incurred during the reporting period but has not yet been paid by the end of that period. This means the expense is recognized on the income statement, impacting the company's profitability and financial position, even though the cash payment to the landlord will occur at a later date.

The other choices do not fit the definition of an accrued liability. Prepaid insurance represents an asset because it reflects payments made in advance for insurance coverage that will be expensed in future periods. Investment receivable refers to amounts owed to the company for investments made, thus representing a future inflow rather than a liability. Accounts receivable indicates money that is owed to the company for credit sales, signifying an asset rather than an obligation.