Question

Which of the following defines long-term liabilities? Multiple choice question. Long-term liabilities are debts of a business that are not due to be settled within one year. Long-term liabilities are obligations due to be paid within one year. Long-term liabilities are reported before current liabilities on a classified balance sheet. Long-term liabilities are costs incurred within an accounting period that have uncertain benefits.

Answer 1

Answer:

Long-term liabilities are debts of a business that are not due to be settled within one year (A) is your answer

Explanation:

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