Business, 18.08.2020 18:01, Mynameismath

All of the following statements regarding long-term liabilities are true except? A. Liabilities not expected to be paid within the longer of one year or the company's operating cycle are reported as long-term liabilities.
B. Long-term liabilities include long-term notes payable, warranty liabilities, lease liabilities, and bonds payable.
C. Liabilities that do not have a fixed due date, but are payable on demand, are reported as long-term liabilities.
D. Long-term liabilities can be reported on the balance sheet in a single total or in multiple categories.

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All of the following statements regarding long-term liabilities are true except? A. Liabilities not...