Which of the Following Should Be Excluded from Long-Term Liabilities

question 54

Multiple Choice

Which of the following should be excluded from long-term liabilities?

• A)Obligations payable at some date beyond the operating cycle
• B)Most pension obligations
• C)Long-term liabilities that mature within the operating cycle and will be paid from a sinking fund
• D)None of these

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Definitions:

Facilitated Diffusion

A method of passive transport, mediated by carrier proteins, that allows molecules to cross the cell membrane without energy input, from higher to lower concentration.

Saline Solutions

Solutions containing a high concentration of salt, primarily sodium chloride, used in various medical and laboratory settings to mimic the osmolarity of bodily fluids.

NaCl

Sodium chloride, commonly known as table salt, an ionic compound that is essential for life in small quantities and used widely as a seasoning and preservative.

Vein

Blood vessel that arises from venules and transports blood toward the heart.